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The new energy agenda calls for a lowering of marginal power costs by 30% on the main SIC grid during this four-year government, as well as a 20% reduction in prices at power auctions in the next decade compared to prices offered in the most recent auction (around US$130/MWh). Can Chile reduce prices while also adding costly renewable technologies and relying evermore on the import of primary energy sources? This report will look at the energy agenda of newly reelected president Michelle Bachelet in an attempt to unlock its main points and offer suggestions about where the sector might be headed.
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