Efectos Económicos de Expansiones en Transmisión: El caso del Mercado de Clientes Regulados en Chile (Economic effects of Transmission Expansions: The case of the Regulated Contract Market in Chile)

Javier Bustos (rjb92@georgetown.edu)1, Fernando Fuentes (ffuentes@uahurtado.cl)1


1Universidad Alberto Hurtado

This paper appears in: Revista IEEE América Latina

Publication Date: April 2016
Volume: 14,   Issue: 4 
ISSN: 1548-0992


Abstract:
One of the main issues in deciding an expansion in power transmission capacity is the effect on generators'competition. This paper aims to perform an econometric estimation of the main determinants of long-term regulated contract prices from 2006 to 2014 and use the results to estimate the effect on market power reduction of an interconnection of the two main power systems in Chile

Index Terms:
Power Transmission, Market Power, Contracts, Prices, Auctions, Chile   


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