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The Chilean Electricity Law introduced an obligation to power traders, from 2010 to 2014, to certify that at least 5% of the electricity traded comes from renewable sources. From 2015 onwards, the obligation will increase by 0.5% annually until 10% in 2024. Several challenges need to be addressed to permit efficient access for renewable energies. One of these is the natural barrier to entry for new...
Transmission has established itself as a natural monopoly, and as such, the prices and remaining access and operating conditions of the transmission system have been regulated. In the regulations existing before the electric sector reform there was a single planner that determined the generation and transmission expansion. However, each time more mechanisms have been implemented that have allowed...
Security of energy supply is a main concern worldwide, given the strong dependence on society functioning on its adequate delivery. Surges in fuel prices, political conflicts, wars and natural disasters threaten directly energy supply, and countries look at ways to protect themselves. On February 2010 an 8.8 Richter scale earthquake hit the central part of Chile and a tsunami following the earthquake...
The debate on which is the best incentive for transmission expansion is still active. Discussions center on economic mechanisms based on game theory to expand transmission. There is a mix of experiences and they vary in function of the level of interaction of market agents. Identifying the agents' strategies will allow a better understanding of the market's dynamics. This article assesses regulatory...
A new approach to the configuration and operation of electrical distribution networks is proposed. Traditionally, the medium-voltage part of the electrical grid is operated in a centralised and static manner. In the context of electric sector deregulation and electric market liberalisation, the pertinence of this central organisation is no longer ensured. This paper presents an alternative approach...
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