Transmission expansion and pricing in Colombia: An appraisal of current practices

This paper summarizes the current practices of transmission expansion and pricing in Colombia. Transmission expansion in Colombia is formulated by a central governmental agency that is commissioned to establish the required transmission enhancements. The commission consolidates all the needs based on economic growth and the current regulation into a single plan. We review how the single plan is elaborated and consolidated. Assumptions and institutional arrangements are analyzed in order to establish how the decision making process is affected by current polices. Transmission pricing is also assessed in this paper in order to have a comprehensive overview of the power transmission sector in Colombia.