Title :
California Crisis Influences Further Reforms in Latin America
Author_Institution :
Univ. Catolica de Chile, Santiago, Chile
Abstract :
The electric energy industry in Latin America has faced a profound transformation, with no parallel worldwide. This paper describes how the privatisation path is still being defined, but clearly the naive approach to an ideal unregulated bid-based spot exchange market has been discarded.
Keywords :
electricity supply industry; California; Latin America; USA; electric energy industry; electricity crisis; power industry reforms; unregulated bid-based spot exchange market; Contracts; Costs; Government; Hydroelectric power generation; Investments; Natural gas; Power generation economics; Pricing; Security; Shape;
Journal_Title :
Power Engineering Review, IEEE
DOI :
10.1109/MPER.2002.1021357