Water shortages caused by a drought has caused significant problems for generation of hydro power in Chile. This, along with natural gas shortages from Argentina are causing potential brownouts or power cuts. Similar to the recent situation in South Africa, Chile’s power problems are affecting commodity prices, primarily copper.
Read the article here on Bloomberg
Archive for April, 2008
Power Shortages Spread to Chile
Posted in Diesel, Gas, Hydro on April 9, 2008 | 3 Comments »