Summary:
After decades of reduced need for investment, transmission regulation is increasingly gaining relevance and complexity in liberalised power sectors, mainly due to the need to integrate sometimes distant and large-scale renewable energy sources. We identify the key principles that should be considered at three levels: transmission expansion, remuneration, and cost allocation.
The proposals we develop are built upon a review of the noteworthy experiences matured in South America, a region which, besides leading restructuring in the 1980s and 1990s, has with different levels of success always relied on innovative solutions to deal with this crucial regulatory challenge.
Keywords: Transmission regulation; Transmission tariffs; Cost allocation; Expansion planning; South America
JCR Impact Factor and WoS quartile: 1,110 - Q2 (2015); 3,800 - Q2 (2023)
DOI reference:
https://doi.org/10.1016/j.jup.2015.01.006
Published on paper: April 2015.
Published on-line: February 2015.
Citation:
P. Mastropietro, L.A. Barroso, C. Batlle, Power transmission regulation in a liberalised context: an analysis of innovative solutions in South American markets. Utilities Policy. Vol. 33, pp. 1 - 9, April 2015. [Online: February 2015]
