IEEE Power & Energy Society General Meeting - IEEE PES GM 2007, Tampa (Estados Unidos de América). 24-28 junio 2007
Resumen:
The implementation of auctions of long-term firm energy call options and forward contracts as part of the instruments adopted in emerging countries to ensure resource adequacy is discussed. These mechanisms are being implemented in Latin American nations (Brazil, Chile, Peru, El Salvador and Panama) and fast-growing economies in Europe such as Turkey. Brazil has led this process and in overall has auctioned about 25,000 average MW of contracts, involving about 65 billion USD in financial transactions, while Chile has carried out its first auction in 2006, involving about 1,300 average MW (30% of energy sales of the main interconnected Chilean system expected for 2010). Overall, this mechanism is proving to be adequate to attract investments and ensure resource adequacy.
Palabras clave: Power system economics, power system planning, call options, firm energy, firm capacity.
DOI: 
https://doi.org/10.1109/PES.2007.386169
Publicado en IEEE PES GM 2007, pp: 1-6, ISBN: 1-4244-1296-X
Fecha de publicación: 2007-06-24.
Cita:
L.A. Barroso, H. Rudnick, R. Moreno, B. Bezerra, Ensuring resource adequacy with auctions of options and forward contracts, IEEE Power & Energy Society General Meeting - IEEE PES GM 2007, Tampa (Estados Unidos de América). 24-28 junio 2007. En: IEEE PES GM 2007: Conference proceedings, ISBN: 1-4244-1296-X
