Chile considers delaying renewable energy pricing changes to support low-income families

Chile's government is considering delaying a pricing change that would have affected profits for certain renewable energy producers.

Energy Minister Gabriel Boric indicated that the administration may withdraw its proposal to temporarily reduce compensation for small electricity generators. This decision comes as the government seeks alternative methods to fund electricity subsidies aimed at supporting lower-income families.

The potential shelving of the pricing measure reflects a shift in focus for the administration, which is prioritizing the expansion of financial assistance for vulnerable populations. The review of regulations affecting small electricity producers will be addressed at a later date, ensuring that the interests of the renewable energy sector are taken into account while balancing the need for social support.

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