Crisis of the reforms, market power and mitigation in the Peruvian electricity market

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In this essay a quick review of the crises of the reforms of the electricity sector in Latin America and particularly in Peru is carried out; the main factors of the same and the ineffectiveness of the Efficient Generation Law are identified, as well as the strong indications of market power. For th...

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Detalles Bibliográficos
Autor: Luyo Kuong, Jaime
Formato: artículo
Fecha de Publicación:2008
Institución:Universidad Nacional de Ingeniería
Repositorio:Revistas - Universidad Nacional de Ingeniería
Lenguaje:español
inglés
OAI Identifier:oai:oai:revistas.uni.edu.pe:article/1154
Enlace del recurso:https://revistas.uni.edu.pe/index.php/iecos/article/view/1154
Nivel de acceso:acceso abierto
Materia:Poder de mercado
Complementaridad mixta
Mercado Spot
Market power
Mixed complementarity
Spot Market
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spelling Crisis of the reforms, market power and mitigation in the Peruvian electricity marketCrisis de las reformas, poder de mercado y mitigación en el mercado eléctrico peruanoLuyo Kuong, JaimePoder de mercadoComplementaridad mixtaMercado SpotMarket powerMixed complementaritySpot MarketIn this essay a quick review of the crises of the reforms of the electricity sector in Latin America and particularly in Peru is carried out; the main factors of the same and the ineffectiveness of the Efficient Generation Law are identified, as well as the strong indications of market power. For the Peruvian electricity market –with predominant hydroelectric production and complete liberalization of the spot market– a Nash-Cournot intertemporal equilibrium model is presented, solved as a mixed complementarity problem, which allows a diagnosis of the existence of market power and the application of essential measures. for the adoption of regulatory policies. It also proposes transition measures to competition.En este ensayo se realiza una rápida revisión de las crisis de las reformas del sector eléctrico en Latinoamérica y en particular en el Perú; se identifican los principales factores de la misma y la ineficacia de la Ley de Generación Eficiente, así como los fuertes indicios de poder de mercado. Para el mercado eléctrico peruano –de producción hidroeléctrica predominante y liberalización completa del mercado spot– se presenta un modelo de equilibrio intertemporal Nash-Cournot resuelto como problema de complementaridad mixta, que permite hacer un diagnóstico de la existencia de poder de mercado y aplicar medidas esenciales para la adopción de políticas de regulación. También se propone medidas de transición a la competencia.Universidad Nacional de Ingeniería2008-02-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPeer ReviewedEvaluado por paresapplication/pdfaudio/mpegaudio/mpeghttps://revistas.uni.edu.pe/index.php/iecos/article/view/115410.21754/iecos.v5i0.1154revista IECOS; Vol. 5 (2008); 35-60Revista IECOS; Vol. 5 (2008); 35-602788-74802961-284510.21754/iecos.v5i0reponame:Revistas - Universidad Nacional de Ingenieríainstname:Universidad Nacional de Ingenieríainstacron:UNIspaenghttps://revistas.uni.edu.pe/index.php/iecos/article/view/1154/2694https://revistas.uni.edu.pe/index.php/iecos/article/view/1154/2695https://revistas.uni.edu.pe/index.php/iecos/article/view/1154/2696Derechos de autor 2008 Jaime Luyo Kuonghttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessoai:oai:revistas.uni.edu.pe:article/11542024-07-28T01:00:51Z
dc.title.none.fl_str_mv Crisis of the reforms, market power and mitigation in the Peruvian electricity market
Crisis de las reformas, poder de mercado y mitigación en el mercado eléctrico peruano
title Crisis of the reforms, market power and mitigation in the Peruvian electricity market
spellingShingle Crisis of the reforms, market power and mitigation in the Peruvian electricity market
Luyo Kuong, Jaime
Poder de mercado
Complementaridad mixta
Mercado Spot
Market power
Mixed complementarity
Spot Market
title_short Crisis of the reforms, market power and mitigation in the Peruvian electricity market
title_full Crisis of the reforms, market power and mitigation in the Peruvian electricity market
title_fullStr Crisis of the reforms, market power and mitigation in the Peruvian electricity market
title_full_unstemmed Crisis of the reforms, market power and mitigation in the Peruvian electricity market
title_sort Crisis of the reforms, market power and mitigation in the Peruvian electricity market
dc.creator.none.fl_str_mv Luyo Kuong, Jaime
author Luyo Kuong, Jaime
author_facet Luyo Kuong, Jaime
author_role author
dc.subject.none.fl_str_mv Poder de mercado
Complementaridad mixta
Mercado Spot
Market power
Mixed complementarity
Spot Market
topic Poder de mercado
Complementaridad mixta
Mercado Spot
Market power
Mixed complementarity
Spot Market
description In this essay a quick review of the crises of the reforms of the electricity sector in Latin America and particularly in Peru is carried out; the main factors of the same and the ineffectiveness of the Efficient Generation Law are identified, as well as the strong indications of market power. For the Peruvian electricity market –with predominant hydroelectric production and complete liberalization of the spot market– a Nash-Cournot intertemporal equilibrium model is presented, solved as a mixed complementarity problem, which allows a diagnosis of the existence of market power and the application of essential measures. for the adoption of regulatory policies. It also proposes transition measures to competition.
publishDate 2008
dc.date.none.fl_str_mv 2008-02-01
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer Reviewed
Evaluado por pares
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.uni.edu.pe/index.php/iecos/article/view/1154
10.21754/iecos.v5i0.1154
url https://revistas.uni.edu.pe/index.php/iecos/article/view/1154
identifier_str_mv 10.21754/iecos.v5i0.1154
dc.language.none.fl_str_mv spa
eng
language spa
eng
dc.relation.none.fl_str_mv https://revistas.uni.edu.pe/index.php/iecos/article/view/1154/2694
https://revistas.uni.edu.pe/index.php/iecos/article/view/1154/2695
https://revistas.uni.edu.pe/index.php/iecos/article/view/1154/2696
dc.rights.none.fl_str_mv Derechos de autor 2008 Jaime Luyo Kuong
https://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Derechos de autor 2008 Jaime Luyo Kuong
https://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
audio/mpeg
audio/mpeg
dc.publisher.none.fl_str_mv Universidad Nacional de Ingeniería
publisher.none.fl_str_mv Universidad Nacional de Ingeniería
dc.source.none.fl_str_mv revista IECOS; Vol. 5 (2008); 35-60
Revista IECOS; Vol. 5 (2008); 35-60
2788-7480
2961-2845
10.21754/iecos.v5i0
reponame:Revistas - Universidad Nacional de Ingeniería
instname:Universidad Nacional de Ingeniería
instacron:UNI
instname_str Universidad Nacional de Ingeniería
instacron_str UNI
institution UNI
reponame_str Revistas - Universidad Nacional de Ingeniería
collection Revistas - Universidad Nacional de Ingeniería
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 13.914502
Crisis of the reforms, market power and mitigation in the Peruvian electricity market
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