Title :
The Californian model as the paradigm for second generation reforms in Latin America
Author_Institution :
Pontificia Univ. Catolica de Chile, Santiago, Chile
Abstract :
This paper highlights the California electricity supply crisis as it relates to Latin America, with a parallel of the issues at hand in both latitudes. Issues such as market design, separation between the independent system operator and the power exchange, environmental restrictions, market power and demand price elasticity are discussed as they relate to California and Latin America.
Keywords :
electricity supply industry; power system economics; tariffs; California electricity market; Latin America; demand price elasticity; independent system operator; market design; market power; power exchange; Business; Contracts; Costs; Electrical products; Electricity supply industry; Power generation; Power markets; Power system modeling; Supply and demand; Uncertainty;
Conference_Titel :
Power Engineering Society Summer Meeting, 2001
Conference_Location :
Vancouver, BC, Canada
Print_ISBN :
0-7803-7173-9
DOI :
10.1109/PESS.2001.970042