The economics of oil and gas in the Mexico are difficult and many of the issues involved are very subtle. It is not surprising that there is substantial misunderstanding of many of the issues involved. The difficulties ...

This paper examines the Hogan-Rosellón-Vogelsang (2007) (HRV) incentive mechanism for transmission expansion, and tests it for different network topologies. This new mechanism is based upon redefining transmission output ...

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 ...

In 1997, the Comisión Reguladora de Energía of Mexico implemented a netback rule for linking the Mexican natural gas price to the Texas price. At the time, the Texas price reflected a reasonably competitive market. Since ...

One of the main objectives of the reform of the natural gas sector in Mexico was to develop a formerly underdeveloped market of this product. This paper shows clear econometric evidence of structural change in the series ...

En este estudio se presentan los elementos considerados por la CRE para subdividir el área geográfica de la Ciudad de México. Esta decisión requirió considerar aquellas variables que afectan las economías de escala y el ...

We apply a merchant transmission expansion model to the trilateral market coupling arrangement among the Netherlands, Belgium and France as a generic example, and note that it can be applied to any general market splitting ...

We develop a model to regulate the structure of transmission tariffs that seeks to reconcile the opposing long run and short run objectives of an electricity transmission company. In the short run, the main problems are ...

We address investment in regulated natural gas pipelines when investment is lumpy and the demand for gas is stochastic. This is a problem that can be solved in theory as a dynamic program, but a practical solution depends ...

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 ...