Redefinition of the Scarcity Price: lessons and recommendations from the Colombian electricity market
The Colombian government introduced a capacity market in order to promote the diversification in the energy matrix and protect users from high prices derived from dry seasonal events. Unfortunately, the flaws in the scarcity price definition- a mechanism that activates the capacity market obligation...
Main Authors: | Emanuel J. Llanos-Perez, Laura M. Hinestroza-Olascuaga |
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Format: | Article |
Language: | English |
Published: |
EEEIC International Publishing
2016-12-01
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Series: | Transactions on Environment and Electrical Engineering |
Subjects: | |
Online Access: | https://teee.eu/index.php/TEEE/article/view/77 |
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