The severe drought affecting Chile has caused an agricultural emergency in 50
rural districts in the centre of the country, and large sectors of the economy
are concerned about possible electricity rationing in March.
The "La Niña" climate phenomenon has over half the country dangling by a thread.
Persistence of cold water in the Pacific ocean and high atmospheric pressure are
preventing rain-bearing fronts from entering central and southern areas.
Last year the weather was cold, but rainfall was scanty. Consequently, the water
levels at hydroelectric dams are at an all-time low.
In addition, one of the largest hydroelectric power stations, owned by the
Colbún company, is out of service due to a fire late last year. The Nehuenco
power plant will not be contributing its 370 megawatts to the central grid (SIC)
again until mid-2008.
The government of President Michelle Bachelet has invested about 12 ...