Chile starts to flow electricity to Argentina for first time
SANTIAGO - - Chile begun selling electricity to neighboring Argentina for the first time ever on Friday, said local power producer AES Gener SA, which owns the transmission line used for the transfer.
Last June, Chile's government authorized AES Gener, a local unit of U.S. power group AES Corp, to transfer electricity back and forth with neighboring Argentina through one of its transmission lines.
AES Gener said integrating the power grids in Chile and Argentina will improve energy safety and optimize operating costs on both sides of the Andes.
Argentine president Mauricio Macri has said he wants to build new Pacific trade links in energy supply as he seeks improved relations with Chile.
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Power prices in Japan hit record highs last month as a cold snap across northeast Asia prompted a scramble for supplies of liquefied natural gas (LNG), a major fuel for the country's power plants. Power companies urged customers to ration electricity to prevent blackouts, although no outages occurred.
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