
A DESCRIPTION OF THE ELECTRICITY MARKET OF NORTHERN CHILE AND ITS POTENTIAL FOR DEVELOPMENT
The most relevant feature of the electricity market in Northern Chile is the fact that its demand structure is fundamentally defined by the requirements of the mining companies that operate in the region and who represent 90% of total demand. The most relevant feature of the electricity market in Northern Chile is the fact that its demand structure is fundamentally defined by the requirements of the mining companies that operate in the region and who represent 90% of total demand.
Natural gas from the USA will provide the competitive edge for GasAtacama
The competitiveness of natural gas as a source of fuel for power generation, as compared to coal, becomes realistic and viable, if the recent boom in the development of non-conventional gas (shale gas) in the United States is taken into consideration.
The rise in the exploitation of the US shale gas basins that began in 2008, has allowed the Henry Hub (HH) price to remain distinct from the price for diesel (predominantly using the natural gas price index in Europe and Japan).
Natural gas from the USA will provide the competitive edge for GasAtacama
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In recent years the FSRU alternative is being considered by many of countries in the world for LNG regasification, so much so that there are:
UNCONVENTIONAL RENEWABLE ENERGY PROJECTS
Since its inception, the environmental issue for GasAtacama has been a major focus of work. This has generated a strong commitment to environmental stewardship, such that within the company's mission is to transport, clean energy generation and marketing in Northern Chile. Currently GasAtacama projects demonstrate the interest of the company to study the resources in the Far North, in order to incorporate their core assets Non-Conventional Renewable Energy. To this end, GasAtacama has conducted various activities, such as:
...Clean Energy and Development
