Reshaping Power Markets-Lessons from Chile and Argentina

Power sector reforms in Chile and Argentina are now roughly fourteen and four years old. In both countries, restructuring and deregulation have increased efficiency, led to active entry by new generators, improved the quality of supply, and reduced...

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Main Authors:	Lalor, R. Peter, García, Hernán
Format:	Viewpoint
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCESS TO TRANSMISSION ACTUAL COST OF GENERATION ASYMMETRY OF INFORMATION BASIC REGULATIONS BENCHMARK BIDDING BULK POWER COMPETITIVE BIDDING COMPETITIVE ENVIRONMENT CONSUMERS DEMAND GROWTH DEREGULATION DISTRIBUTION COMPANIES DISTRIBUTION SERVICES ELECTRICITY COSTS ELECTRICITY THEFT EMPLOYMENT ENERGY MARKETS ENERGY PAYMENTS ENERGY PURCHASES FREE ENTRY FUEL MARKET FUEL MARKET TRENDS GENERATORS GOVERNMENT REGULATION INDEPENDENT GENERATORS INDEPENDENT SUPPLY MARGINAL COST MARKET FORCES MARKET INFORMATION MARKET STRUCTURE MARKET TRENDS MARKET VALUE NATURAL MONOPOLY POWER GENERATION POWER GENERATION BRANCH POWER INDUSTRY POWER SECTOR PRICE CAP MECHANISM PRICE FOR ENERGY PRICE REDUCTIONS PRICE SETTING PRODUCERS PRODUCTIVITY PRODUCTIVITY INCREASES RETAIL RETAIL PRICES SPOT MARKET SPOT PRICES STOCKHOLDERS SUPPLIERS TRANSMISSION CAPACITY TRANSMISSION CHARGES TRANSMISSION FACILITIES TRANSMISSION LINES TRANSMISSION TARIFFS VARIABLE COSTS VERTICAL INTEGRATION POWER GENERATION ENERGY SUPPLY DENATIONALIZATION CONSUMER PRICES PUBLIC ENTERPRISES ENERGY PRICES MARKET COMPETITION
Online Access:	http://documents.worldbank.org/curated/en/1996/06/441478/reshaping-power-markets-lessons-chile-argentina http://hdl.handle.net/10986/11617

id	okr-10986-11617
recordtype	oai_dc
spelling	okr-10986-116172021-06-14T11:04:30Z Reshaping Power Markets-Lessons from Chile and Argentina Lalor, R. Peter García, Hernán ACCESS TO TRANSMISSION ACTUAL COST OF GENERATION ASYMMETRY OF INFORMATION BASIC REGULATIONS BENCHMARK BIDDING BULK POWER COMPETITIVE BIDDING COMPETITIVE ENVIRONMENT CONSUMERS DEMAND GROWTH DEREGULATION DISTRIBUTION COMPANIES DISTRIBUTION SERVICES ELECTRICITY COSTS ELECTRICITY THEFT EMPLOYMENT ENERGY MARKETS ENERGY PAYMENTS ENERGY PURCHASES FREE ENTRY FUEL MARKET FUEL MARKET TRENDS GENERATORS GOVERNMENT REGULATION INDEPENDENT GENERATORS INDEPENDENT SUPPLY MARGINAL COST MARKET FORCES MARKET INFORMATION MARKET STRUCTURE MARKET TRENDS MARKET VALUE NATURAL MONOPOLY POWER GENERATION POWER GENERATION BRANCH POWER INDUSTRY POWER SECTOR PRICE CAP MECHANISM PRICE FOR ENERGY PRICE REDUCTIONS PRICE SETTING PRODUCERS PRODUCTIVITY PRODUCTIVITY INCREASES RETAIL RETAIL PRICES SPOT MARKET SPOT PRICES STOCKHOLDERS SUPPLIERS TRANSMISSION CAPACITY TRANSMISSION CHARGES TRANSMISSION FACILITIES TRANSMISSION LINES TRANSMISSION TARIFFS VARIABLE COSTS VERTICAL INTEGRATION POWER GENERATION ENERGY SUPPLY DENATIONALIZATION CONSUMER PRICES PUBLIC ENTERPRISES DEREGULATION ENERGY PRICES MARKET COMPETITION Power sector reforms in Chile and Argentina are now roughly fourteen and four years old. In both countries, restructuring and deregulation have increased efficiency, led to active entry by new generators, improved the quality of supply, and reduced prices in real terms. The authors' review of experience in both systems confirms that policymakers must apply effective measures to introduce and preserve competition. In Chile, a major concern is the predominance of one generator in one of the two systems. 2012-08-13T15:32:52Z 2012-08-13T15:32:52Z 1996-06 http://documents.worldbank.org/curated/en/1996/06/441478/reshaping-power-markets-lessons-chile-argentina http://hdl.handle.net/10986/11617 English Viewpoint: Public Policy for the Private Sector; Note No. 85 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Viewpoint Publications & Research Latin America & Caribbean Argentina
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	ACCESS TO TRANSMISSION ACTUAL COST OF GENERATION ASYMMETRY OF INFORMATION BASIC REGULATIONS BENCHMARK BIDDING BULK POWER COMPETITIVE BIDDING COMPETITIVE ENVIRONMENT CONSUMERS DEMAND GROWTH DEREGULATION DISTRIBUTION COMPANIES DISTRIBUTION SERVICES ELECTRICITY COSTS ELECTRICITY THEFT EMPLOYMENT ENERGY MARKETS ENERGY PAYMENTS ENERGY PURCHASES FREE ENTRY FUEL MARKET FUEL MARKET TRENDS GENERATORS GOVERNMENT REGULATION INDEPENDENT GENERATORS INDEPENDENT SUPPLY MARGINAL COST MARKET FORCES MARKET INFORMATION MARKET STRUCTURE MARKET TRENDS MARKET VALUE NATURAL MONOPOLY POWER GENERATION POWER GENERATION BRANCH POWER INDUSTRY POWER SECTOR PRICE CAP MECHANISM PRICE FOR ENERGY PRICE REDUCTIONS PRICE SETTING PRODUCERS PRODUCTIVITY PRODUCTIVITY INCREASES RETAIL RETAIL PRICES SPOT MARKET SPOT PRICES STOCKHOLDERS SUPPLIERS TRANSMISSION CAPACITY TRANSMISSION CHARGES TRANSMISSION FACILITIES TRANSMISSION LINES TRANSMISSION TARIFFS VARIABLE COSTS VERTICAL INTEGRATION POWER GENERATION ENERGY SUPPLY DENATIONALIZATION CONSUMER PRICES PUBLIC ENTERPRISES DEREGULATION ENERGY PRICES MARKET COMPETITION
spellingShingle	ACCESS TO TRANSMISSION ACTUAL COST OF GENERATION ASYMMETRY OF INFORMATION BASIC REGULATIONS BENCHMARK BIDDING BULK POWER COMPETITIVE BIDDING COMPETITIVE ENVIRONMENT CONSUMERS DEMAND GROWTH DEREGULATION DISTRIBUTION COMPANIES DISTRIBUTION SERVICES ELECTRICITY COSTS ELECTRICITY THEFT EMPLOYMENT ENERGY MARKETS ENERGY PAYMENTS ENERGY PURCHASES FREE ENTRY FUEL MARKET FUEL MARKET TRENDS GENERATORS GOVERNMENT REGULATION INDEPENDENT GENERATORS INDEPENDENT SUPPLY MARGINAL COST MARKET FORCES MARKET INFORMATION MARKET STRUCTURE MARKET TRENDS MARKET VALUE NATURAL MONOPOLY POWER GENERATION POWER GENERATION BRANCH POWER INDUSTRY POWER SECTOR PRICE CAP MECHANISM PRICE FOR ENERGY PRICE REDUCTIONS PRICE SETTING PRODUCERS PRODUCTIVITY PRODUCTIVITY INCREASES RETAIL RETAIL PRICES SPOT MARKET SPOT PRICES STOCKHOLDERS SUPPLIERS TRANSMISSION CAPACITY TRANSMISSION CHARGES TRANSMISSION FACILITIES TRANSMISSION LINES TRANSMISSION TARIFFS VARIABLE COSTS VERTICAL INTEGRATION POWER GENERATION ENERGY SUPPLY DENATIONALIZATION CONSUMER PRICES PUBLIC ENTERPRISES DEREGULATION ENERGY PRICES MARKET COMPETITION Lalor, R. Peter García, Hernán Reshaping Power Markets-Lessons from Chile and Argentina
geographic_facet	Latin America & Caribbean Argentina
relation	Viewpoint: Public Policy for the Private Sector; Note No. 85
description	Power sector reforms in Chile and Argentina are now roughly fourteen and four years old. In both countries, restructuring and deregulation have increased efficiency, led to active entry by new generators, improved the quality of supply, and reduced prices in real terms. The authors' review of experience in both systems confirms that policymakers must apply effective measures to introduce and preserve competition. In Chile, a major concern is the predominance of one generator in one of the two systems.
format	Publications & Research :: Viewpoint
author	Lalor, R. Peter García, Hernán
author_facet	Lalor, R. Peter García, Hernán
author_sort	Lalor, R. Peter
title	Reshaping Power Markets-Lessons from Chile and Argentina
title_short	Reshaping Power Markets-Lessons from Chile and Argentina
title_full	Reshaping Power Markets-Lessons from Chile and Argentina
title_fullStr	Reshaping Power Markets-Lessons from Chile and Argentina
title_full_unstemmed	Reshaping Power Markets-Lessons from Chile and Argentina
title_sort	reshaping power markets-lessons from chile and argentina
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/1996/06/441478/reshaping-power-markets-lessons-chile-argentina http://hdl.handle.net/10986/11617
_version_	1764417380416487424

Reshaping Power Markets-Lessons from Chile and Argentina

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