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HidroAysen

President Bachelet’s administration faces an uphill battle with regards to Chile’s energy agenda. The HidroAysén project would have provided a major boost in addressing the country’s energy supply and costs.

After a three hour meeting on Tuesday, a committee of five ministers in Michelle Bachelet’s cabinet has rejected the HidroAysén project–a hydroelectric plan to build five dams in two rivers in Patagonia that would have generated 2,750-megawatts of energy and increased power generation in Chile by 10 percent.

The Brazilian Senate approved an agreement late Wednesday night to triple the amount Brazil pays for surplus electric energy from Paraguay's share of the joint Itaipu hydroelectric dam.



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