Ensuring Resource Adequacy with Auctions of Options and Forward Contracts

dc.contributor.authorBarroso, L. A.
dc.contributor.authorRudnick Van de Wyngard, Hugh
dc.contributor.authorMoreno, R.
dc.contributor.authorBezerra, B.
dc.date.accessioned2022-05-13T19:15:14Z
dc.date.available2022-05-13T19:15:14Z
dc.date.issued2007
dc.description.abstractThe implementation of auctions of long-term firm energy call options and forward contracts as part of the instruments adopted in emerging countries to ensure resource adequacy is discussed. These mechanisms are being implemented in Latin American nations (Brazil, Chile, Peru, El Salvador and Panama) and fast-growing economies in Europe such as Turkey. Brazil has led this process and in overall has auctioned about 25,000 average MW of contracts, involving about 65 billion USD in financial transactions, while Chile has carried out its first auction in 2006, involving about 1,300 average MW (30% of energy sales of the main interconnected Chilean system expected for 2010). Overall, this mechanism is proving to be adequate to attract investments and ensure resource adequacy.
dc.fuente.origenIEEE
dc.identifier.doi10.1109/PES.2007.386169
dc.identifier.isbn142441296X
dc.identifier.issn1932-5517
dc.identifier.urihttps://doi.org/10.1109/PES.2007.386169
dc.identifier.urihttps://ieeexplore.ieee.org/stamp/stamp.jsp?arnumber=4275935
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/63859
dc.information.autorucEscuela de ingeniería ; Rudnick , Hugh ; S/I ; 99167
dc.language.isoen
dc.nota.accesoContenido parcial
dc.publisherIEEE
dc.relation.ispartofIEEE Power Engineering Society General Meeting (2007 : Tampa, FL, Estados Unidos)
dc.rightsacceso restringido
dc.subjectForward contracts
dc.subjectInstruments
dc.subjectElectricity supply industry
dc.subjectEurope
dc.subjectInvestments
dc.subjectPower system economics
dc.subjectPower generation
dc.subjectPricing
dc.subjectPower generation economics
dc.subjectSignal generators
dc.titleEnsuring Resource Adequacy with Auctions of Options and Forward Contractses_ES
dc.typecomunicación de congreso
sipa.codpersvinculados99167
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