Hydro, NCRE output up on Chile's SIC grid

Wednesday, November 5, 2014

Generation on Chile's central SIC grid totaled 4.442TWh in October, up 3.6% on same-month last year, operator CDEC-SIC announced.

Hydro power accounted for 58.6%, up from 45.9% last year.

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Thermo generators' contribution dropped to 37.2% from 52.9%. Wind output nearly tripled to 141GWh, while solar generation grew to 44GWh from zero.

Wind and solar together accounted for 4.2% of total generation in the month.

Endesa led generators in terms of output, producing 1.63TWh, according to data gathered by local bank Banco Bice. This figure was down 12.3% year-on-year, while Colbún increased generation 17.1% to 985GWh.

Marginal costs on the SIC increased 7.8% to US$76.80/MWh.

The metrics follow CDEC-SIC's release of a series of recommended works totaling around US$189mn to improve and expand the grid's trunk line system.

The projects have a total estimated cost of around US$189mn, and were recommended as part of CDEC-SIC's annual trunk line transmission study.

BNamericas will host its 11th Southern Cone Energy Summit in Lima, Peru, on November 12-13. Click here to download the agenda.