by admin » Tue Nov 28, 2006 2:57 am
we had a few phone conversations and some meeting with people concerned. Our source at Pumalin park seems to think the Futa dam is inevitable. The issue is when. That said, we had another conversation with a local government official who believed that the Futa project was on a long-term hold because the road from Futa to Chaiten work had been put on hold to task the money and machinery to the Pumalin park road. The road from Futa to Chaiten would be needed for any dam project to be seriously considered a viable concern.
I think it all means this news is a wash, and the Pumalin road is more to run power lines to Baker river project. However, once done that does make a major hurdle to the building dams on the other rivers in the south a little more easy. Still, the rate of progress on all of these projects is an easy 10 years before anything really happens beyond press conferences. A lot can happen in 10 years. As far as we understand Endesa does not have even the approvals yet for the projects on any of the rivers, let alone a way to get power out of the area.