An integrated Latin American electric network could be completed in the next five years, providing a huge opportunity for LatAm says ISA
By Santiago Gutiérrez
It’s quite possible we could see an integrated electricity network in the countries of the Pacific Rim by the end of the decade says Fernando Alarcón, CEO of Colombian multinational ISA. This would provide a tremendous boost to the region’s competitiveness.
Fernando Alarcón, CEO of Colombian multinational ISA
“All the countries in the area are seeing the necessity of expanding their transmission networks. It’s no longer enough just to grow generation power, but also to increase networks that allow efficient use of that energy,” he said to Latintrade.com. To that end, he highlighted plans currently being carried out in Colombia, Peru, Chile, and Brazil. “This will open a great opportunity for the region,” he added.
He hopes that in five years there will be more integrated markets. For example, he believes there could be an active network operating between Colombia and Panama, which would be the country’s link to electric grid integration with Central America. He also signaled plans to fill in the missing parts to bring an integrated grid with Peru and Chile, and Bolivia and Chile, similar to what they have done with the transmission grid in Ecuador to have a more efficient use of energy.
What’s more, interconnection is a financially sustainable option as it is not very expensive. “A very extensive plan would not …
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