Retailer Electricity Market Price in Colombia
Fecha
2019-01-01
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Institute of Electrical and Electronics Engineers Inc.
Resumen
We analyze the main determinants of end user retail price according to characteristic of the Colombian electricity market
considering some key variables that determine the end user retail price. From the industrial organization approach
and using a panel data model
we analyze the influence of the vertical integration of the companies that participate in the electricity market on the regulated retail tariff
we control by network restrictions and by external factors such as the El Niño phenomenon. Based on the results found in the estimates
we propose a discussion on the current structure of the Colombian electricity market and a possible solution through prepaid electricity and smart meters that can provide better energy efficiency of the demand-side. © 2019 IEEE.
considering some key variables that determine the end user retail price. From the industrial organization approach
and using a panel data model
we analyze the influence of the vertical integration of the companies that participate in the electricity market on the regulated retail tariff
we control by network restrictions and by external factors such as the El Niño phenomenon. Based on the results found in the estimates
we propose a discussion on the current structure of the Colombian electricity market and a possible solution through prepaid electricity and smart meters that can provide better energy efficiency of the demand-side. © 2019 IEEE.