Retailer Electricity Market Price in Colombia

Rendon, J.J.G.; Giraldo, M.C.; Ceballos, H.V.; Rendon; J.J.G.; Giraldo; M.C.; Ceballos; H.V.

info:eu-repo/semantics/conferencePaper

Fecha

2019-01-01

Registro en:

9781728142302

SCOPUS

2-s2.0-85082485510

http://hdl.handle.net/10784/29736

10.1109/FISECIGRE48012.2019.8984955

http://repositorioslatinoamericanos.uchile.cl/handle/2250/3519388

Autor

Rendon, J.J.G.

Giraldo, M.C.

Ceballos, H.V.

Rendon

J.J.G.

Giraldo

M.C.

Ceballos

H.V.

Institución

Universidad EAFIT (Colombia)

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.

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