Chile: pioneer in deregulation of the electric power sector

Journal Article · Wed Jun 01 04:00:00 EDT 1994 · IEEE Power Engineering Review (Institute of Electrical and Electronics Engineers); (United States)

DOI:https://doi.org/10.1109/MPER.1994.286546· OSTI ID:7153283

Rudnick, H ^[1]

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1. Pontificia Univ. Catolica de Chile, Santiago (Chile)

This article examines the deregulation of the electric power sector in Chile. Chile was the leader in Latin America in the restructuring of the electric power sector, and its case merits particular analysis. Although a small system (70% of installed capacity is hydroelectric with 2,800 MW maximum demand in 1993), its development has been observed with interest by many institutions, particularly by the World Bank and most recently by other Latin American countries, and several countries have followed its steps. The Chilean 1982 electricity law was a worldwide pioneer in deregulating the electric power sector to create market conditions where generators compete to provide electrical energy to large consumers, sharing a transmission system open to all and paying fees for that system. The law formalized what had taken place in the country since 1978, several years before market approaches were formulated in the US and implemented in the United Kingdom.

• OSTI ID: 7153283
• Journal Information: IEEE Power Engineering Review (Institute of Electrical and Electronics Engineers); (United States), Journal Name: IEEE Power Engineering Review (Institute of Electrical and Electronics Engineers); (United States) Vol. 14:6; ISSN 0272-1724; ISSN IPERDV
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
296000 -- Energy Planning & Policy-- Electric Power
CHILE
DEVELOPING COUNTRIES
ECONOMIC POLICY
ECONOMICS
ELECTRIC POWER INDUSTRY
ENERGY POLICY
GOVERNMENT POLICIES
INDUSTRY
LATIN AMERICA
SOUTH AMERICA