Chile’s cabinet has authorized the presentation of a bill designed to address shortcomings in the country’s electricity market. The proposed legislation significantly increases penalties for violations, potentially reaching $20 million. Simultaneously, it bolsters the oversight capabilities of the regulatory authority responsible for the sector. A key focus of the bill is expanded protection for consumers, offering them greater security and recourse within the electricity system. This reform aims to create a more stable, transparent, and equitable energy market for all stakeholders. The initiative seeks to correct existing deficiencies and prevent future irregularities within Chile’s power sector. This is a significant step towards modernizing the country’s energy infrastructure and regulatory framework.