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Incentives for supply adequacy in electricity markets: an application to the Mexican power sector
(Centro de Investigación y Docencia Ecónomicas, 2009)
This paper studies resource adequacy, i.e. the market design dilemma of ensuring enough generation capacity in the long run. International experiences have shown that it is difficult that the market alone provides incentives ...
Incentives for transmission investment in the PJM electricity market: FTRs or regulation (or both?)
(Centro de Investigación y Docencia Económicas, División de Economía, 2009)
This paper presents an application of a mechanism that provides incentives to promote transmission network expansion in the area of the US electric system known as PJM. The applied mechanism combines the merchant and ...
Long-run cost functions for electricity transmission
(Centro de Investigación y Docencia Económicas, División de Economía, 2009)
Electricity transmission has become the pivotal industry segment for
electricity restructuring. Yet, little is known about the shape of transmission
cost functions. Reasons for this can be a lack of consensus about ...
The hydrocarbon sector in Mexico: from the abundance to the uncertain future
(Centro de Investigación y Docencia Económicas, División de Economía, 2009)
Oil in Mexico has been the cornerstone on which the Mexican State has built upon since its nationalization. It has been the main federal income source, it has supported industrial development and has allowed the State to ...