About us

Meet our team

Specialists in electricity markets, regulation and power projects, committed to better-informed energy decisions in Chile.

Our story

More than 10 years supporting the evolution of the power sector

Mercados Eléctricos was founded on a conviction: in an increasingly complex market, companies need a partner that combines technical, economic and regulatory knowledge and translates it into clear recommendations.

From our offices in Las Condes we have taken part in more than 50 projects and studies for players across the entire value chain, in a period marked by the growth of renewable energy, the coal phase-out and new transmission and storage challenges.

  1. The beginningFounded in Santiago with a focus on electricity market advisory.
  2. GrowthWe added regulatory analysis, feasibility studies and due diligence for investors.
  3. Energy transitionWe support mining companies and large consumers in their decarbonization.
  4. TodayMore than 50 projects in mining, generation, transmission, distribution and large consumers.

Purpose

Mission, vision and values

Mission

To provide our clients with rigorous, independent analysis of the power sector that enables them to invest, contract and operate with confidence.

Vision

To be the leading electricity market consultancy in Chile, contributing to an efficient, secure and sustainable energy transition.

  • Independence

    Objective technical opinions, free of conflicts of interest.

  • Rigor

    Transparent, reviewed and well-documented models and assumptions.

  • Closeness

    Collaborative work and direct communication with every client.

  • Sustainability

    Solutions that support a cleaner power system.

Team

The people behind every analysis

Partners and professionals with backgrounds in generation, transmission and distribution companies, the National Electricity Coordinator, the public sector and academia.

  • Photo of Carlos Behnke, Managing Partner

    Carlos Behnke

    Managing Partner

    Industrial and Electrical Engineer (Pontifical Catholic University of Chile), with diplomas in Economic Regulation and in Finance and Negotiation Strategy. He has experience in operations, regulation, planning and commercial management, including securing PPAs, in private companies and public institutions. He has supervised project development and grid interconnection and supported project financing and sector permitting (PAS). He teaches Fundamentals of Electrical Engineering at Universidad Adolfo Ibáñez.

    • Regulation
    • PPAs
    • Project development
    LinkedIn
  • Photo of Carlos Carrillo, Managing Partner

    Carlos Carrillo

    Managing Partner

    Electrical Engineer (University of Chile), with experience in planning, marketing and operation of projects, mainly in renewable energy. He has carried out market, commercial and regulatory studies for generators and unregulated customers, managed the operation of power plants of different technologies and implemented planning models to forecast prices. He is a teaching assistant at Universidad Adolfo Ibáñez.

    • Price forecasting
    • Renewable energy
    • Unregulated customers
    LinkedIn
  • Photo of Alfonso Bahamondes, Senior Consultant

    Alfonso Bahamondes

    Senior Consultant

    Electrical Engineer (University of Santiago, Chile), with nearly 40 years of experience in distribution, transmission and generation companies. He held management positions at Endesa, Transelec and Colbún, served on the boards of CDEC-SING and CDEC-SIC, and has worked as an independent consultant. He teaches Electricity Markets at Universidad de los Andes.

    • Transmission
    • System operation
    • Electricity markets
    LinkedIn

Professional team

  • Photo of Ulises Malebrán

    Ulises Malebrán

    Markets and risk analysis

    Electrical Engineer (University of Santiago, Chile) and Master of Business Administration (University of Chile). More than 15 years in the Chilean electricity market, focused on risk analysis and power system planning, with experience in energy trading, project evaluation and financial analysis at renewable energy companies. At the National Electricity Coordinator he led the implementation of the Technical Standards on LNG and on Variable Costs.

    • Risk analysis
    • Planning
    • Energy trading
  • Photo of Iris Silva

    Iris Silva

    Regulation and energy efficiency

    Electrical Engineer (University of Chile), Master in Energy Engineering (Pontificia Universidad Católica de Chile), with diplomas in Economic Regulation (UAI) and in Coordination of Hydrothermal Systems with Renewable Energy (University of Chile). More than 15 years of consulting on non-conventional renewable energy, energy efficiency, regulation and market development for public and private entities in Chile, Peru, Ecuador and Colombia.

    • NCRE
    • Energy efficiency
    • Regulation

Sectors

Sectors we serve

We know the challenges of every link in the power value chain.

  • Mining

    Supply contracts, decarbonization and electrification of mining operations.

  • Generation

    Commercial strategy, revenues and risks of power plants and renewable projects.

  • Transmission

    Planning, valuation and regulation of transmission facilities.

  • Distribution

    Tariffs, quality of service and new business models in networks.

  • Large consumers

    Unregulated customers seeking to cut costs and secure clean energy.

Contact

Let's talk about your project

Tell us what you need and we will reply within 1 business day.

Send us a message

Fields marked with an asterisk are required.

Ready to get started?

Let's talk about your project

Whether it's an investment, a supply contract or a regulatory change, we help you make the best decision.

Call +56 2 3225 5973 View services