Investor Presentaiton
ADDENDA
RECENT GAME CHANGERS IN THE CHILEAN POWER INDUSTRY
More agile, diversified, client-focused approach to face industry change
INCREASED
COMPETITION
TECHNOLOGIC
DISRUPTION
RECOVERY IN
DEMAND GROWTH
More flexible power auction
regulations (Law # 20,805)
• De-risked regulated PPA to
foster competition
Falling energy prices
Carbon footprint reduction
=> PPAs indexed to CPI
Increased difficulty to
execute projects
Lower investment cost of
renewable capacity
Shorter development period
for renewables
• Improved plant efficiency
Lower operational costs
Mining industry recovery
with copper >3 $/lb: revival
of large mining projects
GDP growth may be
reversing
Energy saving programs
create x-sales opportunities
Smart grid initiatives and
electric mobility
Evolution of Market Design in
continuous change
High penetration of
Renewables and new energy
management products
Trends may be
reversing! (copper > 3 $/lb)
Engie Energía Chile Presentation to Investors - 1Q 2018
ENGIC
32View entire presentation