Recent changes in wholesale markets with an increase in renewables and interconnector capacity are expected to increase revenue opportunities and risks for energy traders.
Five South American countries are seeking to interconnect their energy systems in search of better regional integration.
A new 1000 MW interconnection between Argentina and Brazil entered operation in July 2000, and construction of a second 1000 MW link has just begun. As competitive forces in the electricity markets grow in this region, the interconnection will become an important resource for both countries.
Norway and the UK have signed a deal to co-operate on a raft of energy initiatives covering gas, renewables and carbon capture and storage.
If the UK votes to leave the EU next month, it would be damaging for prospects of greater power interconnectivity with other member states.
Uruguay's Minister of Industry Roberto Kreimerman told local newspaper El Pais that the electricity interconnection with Brazil will be completed in the second half of this year.