Aug 12th, 2022

Weekly Report Year. 9 – Num. 3

Aug 1st, 2022 – Aug 7th, 2022

Prices increased from Pan de Azúcar to the South due to congestions and multiple thermal units unavailable.
Global SEN Operation Marginal Cost Evolution in Polpaico during past years
Prices in Polpaico were 9% higher than
last week and 3% higher compared to
one year ago.

[USD/MWh]
Total demand went down by 0.4% this
week. The most relevant change in the
mix came from renewables: regarding
hydro, as dam increased its share in
2.5 pp, run-of-river decreased by 1.8 Generation mix Power range by energy sources (average prices) Variation
pp; likewise, solar and wind had
reductions of 2.5 pp and 1 pp,
respectively. This lower overall
renewable generation was
compensated with coal and gas
(+1.1 pp each).

The unavailability from Wed. onwards

of the first or second circuit (depending
on the moment) of Cumbre – N. P. de
Azúcar 500 kV corridor led average
prices to fall from D. de Almagro to the
North (with daily falls to cero) and to
rise from P. de Azúcar to the South. Marginal Cost Evolution
Congestions in Charrúa – Ancoa 500 kV
line and limitations in Ventanas area Crucero
coal units' injections on Monday USD 122.6 /MWh
originated by high concentrations of D. de Almagro
sulfur dioxide, worsened the situation USD 118.8 /MWh
in the Center and caused a decoupling
of up to USD 267/MWh. Pan de Azúcar
[USD/MWh]

USD 144.6 /MWh

High day-night spreads during some
days were also a consequence of Polpaico
multiple thermal units out due to faults USD 143.0 /MWh
(Angamos and Nehuenco) and Charrúa
maintenances (Andina and Norgener). USD 121.5 /MWh
Prices in Puerto Montt went up by 180 Puerto Montt
USD/MWh approx. due to an increase USD 327.3 /MWh
in congestions of Tineo – Puerto Montt
and a low wind production.
Wind & Solar production PV spot(1):
Hourly Solar Production
PV generation was 18% lower than last Crucero
week (-41.7 GWh), reaching 186 GWh. USD 35.6 /MWh

Every zone showed diminutions, being D. de Almagro

the most relevant those in Crucero USD 36.3 /MWh
(-16.7 GWh, -17%) and D. de Almagro Polpaico
USD 100.7 /MWh
(-16.1 GWh, -20%). Due to the high
curtailment, daily average plant factors Wind spot(2):
in these zones were around 15% from Crucero
(1)Energy weighted average SPOT Price using global SEN PV production
Wednesday onwards. USD 114.7 /MWh
D. de Almagro Hourly Wind Production
USD 127.6 /MWh
Wind generation went down by 10% Pan de Azúcar
(-17.2 GWh), totaling 164 GWh. USD 129.9 /MWh

Production [MWh/h]
Plant Factor [%]

Reductions observed in Crucero (-6.8 Polpaico

GWh), Charrúa (-23.4 GWh) and P. USD 145.0 /MWh
Montt (-2.4 GWh) prevailed over Charrúa
USD 115.6 /MWh
increases in D. de Almagro (+5.4
Puerto Montt
GWh) and P. de Azúcar (+9.9 GWh). USD 327.1 /MWh
Average plant factor in P. Montt was
barely 5.9%. (2)Energy weighted average SPOT Price using wind production by zone
Hourly Wind & Solar Production
This week CEN reported curtailment
of 6,3 GWh for wind and 12 GWh for
solar, respectively. This represents
weekly variations of +96% and
+594%. There was non reported
curtailment for run-of-river
generation on Tuesday, which was a
consequence of congestion in
Charrúa – Mulchén 2 x 220 kV line.
Antuko – Enrique Foster 0115, Las Condes, Santiago, Chile • www.antuko.com • weekly@antuko.com
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