Un modelo sobre competencia en mercados de electricidad
Contratos bilaterales en Colombia
Bibliographic Data
| ID | 6166586 |
|---|---|
| Authors | Alex Pérez (0000-0002-5672-3916, Universidad EAFIT), Jaime Carabalí (0000-0003-4755-0096, Icesi University) |
| Year | 2021 |
| Issue | 87 |
| Pages | 149-185 |
| Publication date | 2021-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Revista Desarrollo y Sociedad (JOURNAL) |
| Journal identifiers | ISSN: 0120-3584 • E-ISSN: 1900-7760 |
| Publisher | Universidad de los Andes (PUBLISHER • VE) |
| DOI | 10.13043/dys.87.5 |
| OpenAlex | W3134347627 |
| Language | ES |
| References cited | 18 |
In this paper, we elaborate a theoretical model to explain how generating firms choose their aggregate position in bilateral contracts in the Colombian electricity market. Subsequently, we propose an empirical strategy to contrast the theoretical predictions of the model with data from the wholesale market. Our results show that there is evidence in favor of the hypotheses of our model. Firms tend to adjust their contracts according to the ideal generation they expect the market operator to allocate them, and the difference between marginal costs and contract prices
Political science · Electric Power System Optimization · EU Law and Policy Analysis · Merger and Competition Analysis
| Citation velocity | historical |
|---|---|
| Highly cited | No |