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Regional Power System Integration to be Achieved in Five Countries of South America

Regional Power System Integration to be Achieved in Five Countries of South America

Energy Secretaries of South America Andean Community member states Peru, Colombia, Ecuador and Bolivia and contact state Chile reached an agreement in Lima, capital of Peru. The five countries decided to integrate power system since 2020.

According to the agreement, Peru, Ecuador and Colombia will interconnect their power system in 2017. The networking system will extended southward to Chile and Bolivia, striving to integrate the power system of five countries by the end of 2020.

On the ministerial conference of Andean Countries Power Networking System held on the same day, Peru Ministry Energy and Mining Industry Eleodoro Mayorga stressed that the integration of five countries’ power system is the foundation of regional economic integration. Minister Mayorga said that the participants not only discussed and established a timetable for the integration of five countries’ power system, but also studied the issue of getting the financial support from Inter-American Development Bank during the implementation process of the project.

On April 2011, member states of Andean Community decided to establish “Andean Countries Power Networking System”, striving to build an “Andean Countries Power Corridor” by strengthening infrastructure and ultimately achieve regional power interconnection.