Chile energy minister sees low power prices falling further on record low renewable prices

SANTIAGO: Record low renewable energy prices in Chile are here to stay and will likely push power prices even lower, Chile’s energy minister told Reuters, a development that would pressure the nation’s already squeezed diesel and natural gas industries.

Chile, with ample solar and wind resources, has become a poster child for renewable energy, with other countries looking to emulate the sector’s development.

via Chile energy minister sees low power prices falling further on record low renewable prices, Energy News, ET EnergyWorld

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