Chile Power Q4 2019
Chile will remain one of the most attractive investment destinations in the Latin America region, supported by stablepolicy and political environments and considerable economic growth over our forecast period to 2028. The country has one of themost extensive project pipelines across the Latin America region encompassing over 40GW of new capacity at various stages ofdevelopment. The government's plans to eliminate coal-fired power generation in the market will spur on rapid investment intonew non-hydropower renewables capacity, while increasing gas-power and hydroelectricity generation provide robust baseloadpower capacity. However, a potential decline in electricity consumption due to weaker demand from the key mining segment posesa downside risk to our forecasts.
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