Buying Hydroelectric Power Rights

After months of staying in the isolated hamlet we are finally booking either the buyer’s name and the amount traded, national media reported in recent days that the employer based in Santiago Quiroga Isidoro Moreno (owner of the electric Pilmaiquen with the President and Board Member of Sofofa, Andres Concha y Bruno Philipp, respectively) was who won the non-consumptive water rights Ibanez River (180 m3/sec) and the lagoon Monreal (2.1 m3/sec), which in May topped Endesa this year. The total amount of the transaction has not been transparent. In the case of the river Ibanez, as reported in the terms of reference of the auction, “the collection point is located on the right bank near the crest of the dam under the original project, 1,000 meters upstream of bridge Ibanez River en route to Levice. The distance between the points of collection and return is 1,000 meters and the height difference of 84 meters. ” This right was given to Endesa by resolution of the General Water Directorate (DGA) N 56 of January 15, 1990, being at first of 220 m3/sec, but after that the electric resigned in 2005 to 40 m3/sec, total was 180 m3/sec. With regard to the lagoon Monreal “the collection point is situated on the left bank of the creek that drains the lake Monreal, at a point 340 meters downstream from the drain, as measured by the channel, being the distance of 240 meters measured online line, and immediately upstream of the existing bridge over the estuary.

The water is replenished by stream drainage to about 1200 meters downstream from the intake measured in a straight line. The gap between the collection and return points is 247 meters. ” This right was awarded to the company by the DGA resolution No. 203 of June 6, 1988. Reportedly, these flows would allow the employer to build hydroelectric projects totaling 250 MW, although the idea today would realize a power of between 100 and 150 MW. For this, Quiroga had already begun talks on its possible connection to the line generating plant planned by Transelec in order to transmit energy HidroAysen Central Interconnected System. For the Citizens Coalition for Aysen Life Reserve this background are dramatically paradoxical to make money with rights in a historical area where people have no chance to legally obtain water for their livelihoods and productive activities.

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