Power transmission regulation in a liberalised context: An analysis of innovative solutions in South American markets |
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| Affiliation: | 1. Institute for Research in Technology, Comillas Pontifical University, Sta. Cruz de Marcenado 26, Madrid, Spain;2. PSR, Praia de Botafogo 228/1701, 22250-145 Rio de Janeiro, Brazil;3. MIT Energy Initiative, 77 Mass. Av., Cambridge, USA;4. Florence School of Regulation, Italy;1. University of Cologne, Department of Economics, Albertus-Magnus Platz, 50923 Cologne, Germany;2. Universitat Jaume I de Castelló, Department of Economics, 12071 Castellón, Spain;1. Department of Management Sciences, University of Waterloo, Waterloo, Canada;2. Department of Industrial Engineering, Sharif University of Technology, Tehran, Iran;1. Accounting School, Shanghai University of International Business and Economics (SUIBE), Wenxiang Road 1900, Songjiang District, Shanghai 201620, China;2. School of Brunel Engineering and Design, Brunel University, Uxbridge, Middlesex UB8 3PH, United Kingdom;3. Overseas Department, China Architecture Design & Research Group, Tower A, No. 36 Deshengmenwai Street, Xicheng District, Beijing 100120, China;1. Bari University, Dipartimento Studi Aziendali e Giusprivatistici, Largo Abbazia Santa Scolastica, 53, 70124 Bari, Italy;2. Independent Researcher, USA |
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| Abstract: | After decades of reduced need for investment, transmission regulation is increasingly gaining relevance and complexity in liberalised power sectors, mainly due to the need to integrate sometimes distant and large-scale renewable energy sources. We identify the key principles that should be considered at three levels: transmission expansion, remuneration, and cost allocation.The proposals we develop are built upon a review of the noteworthy experiences matured in South America, a region which, besides leading restructuring in the 1980s and 1990s, has with different levels of success always relied on innovative solutions to deal with this crucial regulatory challenge. |
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| Keywords: | Transmission regulation Transmission tariffs Cost allocation Expansion planning South America |
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