Funding entity InterAmerican Development Bank
The Central American Regional Electric Market («MER» for its initials in Spanish) is the supranational market in which the national power generation markets or systems can carry out intra-regional transactions. The main objective of the Central American Regional Electric Market («MER» for its initials in Spanish) is to provide a clear and efficient legal and regulatory framework to promote the attraction of regional investments in generation and transmission infrastructure. The MER has encountered difficulties to promote intra-regional long-term power purchase agreements between countries, given the financial implications that any potential interruption of the power supply may have to the seller and/or the buyer. The objective of the project is to explore potential instruments that may mitigate this risk.
2014_IADB_MER
