Chile
Press Release

CNE presented preliminary proposals after completion of the short-term market public-private working group

Bnamericas Published: Friday, December 02, 2022

By CNE
December 1, 2022

This is a machine translation of the original press release issued in Spanish

The regulatory body presented to the Dialogue Table a set of regulatory proposals, some of which are already being prepared by the Ministry of Energy and the CNE, in matters related to supply tenders, payment chain, transmission planning and pricing, generation, storage and operation segment of the Electric System, lateral payments and systemic costs, all framed in the diagnosis made in the instance.

Within the framework of the Public-Private Dialogue Table for the Short-Term Market, convened by the Ministry of Energy and the National Energy Commission (CNE), in order to raise the views of the various actors in the Electric System Regarding the situation of supply companies that have declared the impossibility of paying their obligations derived from the Short-Term Market, the CNE presented a series of proposals related to this matter, and a schedule for its implementation.

The initiative contemplated the holding of five sessions, where 17 actors from the electricity industry participated, including public organizations and trade associations, of which 12 presented their diagnosis and proposals.

Based on the diagnosis and proposals put forward by the members of this instance, the Ministry of Energy together with the CNE presented proposals mentioned by the different participants in the context of the dialogue table, classified into the following subjects: chain of payments in the Market Short-Term, supply tenders, transmission planning and pricing, generation segment, storage and operation of the Electric System, side payments and systemic costs, and the Short-Term Market.

The proposals presented by the CNE, together with the Ministry of Energy, consider the modification of the General Law of Electric Services, the Regulation of Coordination and Operation, the Regulation of power transfer, as well as modifications to the Technical Standard of Safety and Quality of Service, and Technical Regulations for Coordination and Operation, as well as a review of instruments such as the Short-Term Node Price Report and the Supply Tender Bases for regulated Clients.

Steps to follow

After the presentation of the proposals and their implementation schedule, the CNE opened a comment period for the Roundtable participants, for the subsequent issuance of a consolidated report of the proposals that both the Ministry of Energy and the CNE will implement.

Authorities

The work carried out was highlighted by the Minister of Energy, Diego Pardow: "In the first month of my administration, I mandated the creation of this table and now that it is over, I appreciate the collaboration of all the actors who participated but I call on them not to give up because the conversation is not over. We must take charge of the challenges of the energy transition and count on the ministry to fulfill the objectives that have emerged in these conversations”.

For his part, the Executive Secretary of the CNE, Marco Antonio Mancilla, appreciated the coordination carried out with the private sector to try to find solutions to this situation. “As we have indicated, we are taking charge of problems in the electricity sector that have been dragging on for some time and that we are determined to solve in order to adequately advance in the energy transition. This public-private dialogue shows that when all agents focus on the common interest, robust public policies are generated. Today we present as CNE our conclusions and preliminary proposals, which we hope to continue deepening during December with the contribution of the industry,” he indicated.

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