Chilean renewable energy hubs connection to transmission systems to require USD 450m
Nov 29, 2012 - The connection to power transmission systems of renewable energy hubs, which are currently developed in Chile, will require investments of some USD 450 million (EUR 347.5m), a study of local power transmission company Transelec showed yesterday.
According to the study, the construction of 220-KV transmission lines to connect the renewable projects with combined capacity of 4,000 MW to Chile's northern power grid SING will require USD 121 million. In turn, connection to Chile's main power network SIC will demand USD 325 million investments, Transelec calculated.
According to the company's business vice-president Eric Ahumada, the execution of these investments can happen only after the launch of international tenders.
(USD 1 = EUR 0.772)