Amendments to the Gas Service Law in Chile and Other Legal Provisions Enter Into Force
Carey, March 2017
The Law that “Amends the Gas Service Law and other legal provisions” (hereinafter, the “New Law” ) entered into force on February 9, 2017. The purpose of the New Law is to fill in the legal gaps existing in a market that, according to the parliamentary discussion, needs to improve the level of competition among their different actors...
Law Establishes New Power Transmission Systems and Creates an Independent Coordinating Body for the National Power System (Law No. 20. 936)
Carey, August 2016
On July the 27th 2016, Law No. 20.936 that establishes New Power Transmission Systems and creates an Independent Coordinating Body for the National Power System (the “Transmission Law” or “New Law”) was published. Its stated objectives are to ensure that transmission does not become an obstacle to power generation, increase competition in the electrical market and boost the development of non-conventional renewable energies...
New regulation of capacity payments among power generation companies
Carey, May 2016
On March 1st, 2016, Supreme Decree N° 62 of the Ministry of Economy, introduced in 2006 (hereinafter, the “Decree 62”), that regulates capacity transfers among power generation companies entered into force, modifying the methodology used to calculate transfers.IntroductionThe Chilean electric system remunerates power generation companies for two products: energy and capacity...
- Co-author of Electricity Projects & Regulations, Latin Lawyer (2016-2017).