Reporte Mercado Eléctrico

The December editorial is entitled "Tenders 2025/01 and 2025/02: Successful processes, but at what cost? ". It reviews the two supply tenders for regulated customers carried out this year, which seek to address the risk of regulated energy outsourcing for the next five years. The novelties of both processes with respect to previous tenders are analyzed, such as the terms, the geographical blocks tendered, the new guarantees required from bidders, the adjustment mechanism of the contracted price of Tender 2025/02, among others. The results are also analyzed from a critical point of view, taking them to an adequate basis for comparison with other processes. Finally, the underlying reasons that could be causing the chain of early termination of contracts from previous bids are discussed in depth, as well as ways of dealing with future bids, so that similar problems do not occur again in future processes.

The monthly editorial entitled ‘A critical look at recent measures to reinforce the SEN’. It discusses the challenges to the security and stability of the Chilean Electricity System (SEN) after the blackout on the 25th of February, and the measures implemented by the Coordinador. The article emphasizes, although the Coordinador’s actions are in the right direction, they are limited to the scope of current regulations. This suggests questions such as whether the technical standard is adapted to the requirements of the SEN, or whether new requisites should be imposed on the coordinated companies, among other questions.

October's editorial is entitled "Integration of data centers to the SEN: Impacts and challenges for the near future". It discusses the limitations and challenges of integrating data centers into the SEN in the short term, particularly in the area of transmission. Given its strategic relevance for the digital and economic development of Chile, the need to strengthen electricity planning and adopt measures that allow an efficient and balanced integration of this new demand in the short and medium term is highlighted.

August's editorial is entitled "Modifications to DS125 and DS88: Are the right deadlines being considered? It analyzes the proposed changes to both regulations, which seek to provide greater equity and modernization to the electricity system. It warns that the new control and monitoring obligations for more than 900 power plants, as well as the incorporation of automatic dispatch schemes, impose demanding deadlines that could be difficult to meet in practice. In addition, it is pointed out that the reform of the stabilized price regime will reduce the revenues of the new PMGDs and PMGs, bringing them closer to the marginal cost. Finally, the success of these modifications will depend not only on their regulatory coherence, but also on the technical and operational feasibility of implementing them within the established deadlines.

August's editorial is entitled "Modifications to DS125 and DS88: Are the right deadlines being considered? It analyzes the proposed changes to both regulations, which seek to provide greater equity and modernization to the electricity system. It warns that the new control and monitoring obligations for more than 900 power plants, as well as the incorporation of automatic dispatch schemes, impose demanding deadlines that could be difficult to meet in practice. In addition, it is pointed out that the reform of the stabilized price regime will reduce the revenues of the new PMGDs and PMGs, bringing them closer to the marginal cost. Finally, the success of these modifications will depend not only on their regulatory coherence, but also on the technical and operational feasibility of implementing them within the established deadlines.