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Notas para la Regulación Eficiente de la Transmisión Eléctrica

Author

Listed:
  • Juan-Pablo Montero

    (Instituto de Economía. Pontificia Universidad Católica de Chile.)

  • Salvador Valdés

    (Instituto de Economía. Pontificia Universidad Católica de Chile.)

Abstract

El proyecto de "ley corta" de electricidad propone importantes modificaciones a la actual regulación de la transmisión eléctrica en Chile. En este artículo desarrollamos un modelo simple para analizar dos de las propuestas centrales del proyecto: (i) el traspaso directo de parte de los costos de transmisión a los consumidores, y (ii) la planificación centralizada de la expansión de la transmisión. En base a los resultados del modelo, encontramos que el traspaso de costo representa un retroceso respecto de lo que hoy existe ya que debilita las señales de localización de generadores y consumidores y empeora los incentivos a la expansión de la transmisión sin lograr ventajas compensatorias. Aunque su definición requiere de mayor estudio, creemos sin embargo, que el regulador tiene un rol en la planificación de la expansión de la transmisión. En el artículo también se discute una tarificación alternativa (de dos partes), la cual incluye un cargo fijo de conexión a los consumidores.

Suggested Citation

  • Juan-Pablo Montero & Salvador Valdés, 2003. "Notas para la Regulación Eficiente de la Transmisión Eléctrica," Documentos de Trabajo 242, Instituto de Economia. Pontificia Universidad Católica de Chile..
    • Handle: RePEc:ioe:doctra:242
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    References listed on IDEAS

    as
    1. Paul Joskow & Jean Tirole, 2005. "Merchant Transmission Investment," Journal of Industrial Economics, Wiley Blackwell, vol. 53(2), pages 233-264, June.
    2. Rudnick, Hugh & Raineri, Ricardo, 1997. "Transmission pricing practices in South America," Utilities Policy, Elsevier, vol. 6(3), pages 211-218, September.
    3. Joskow, Paul L & Tirole, Jean, 1999. "Transmission Rights and Market Power on Electric Power Networks I: Financial Rights," CEPR Discussion Papers 2093, C.E.P.R. Discussion Papers.
    4. Juan Pablo Montero & Hugh Rudnick, 2001. "Precios Eléctricos Flexibles," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 38(113), pages 91-109.
    5. Severin Borenstein & James. Bushnell & Steven Stoft, 2000. "The Competitive Effects of Transmission Capacity in A Deregulated Electricity Industry," RAND Journal of Economics, The RAND Corporation, vol. 31(2), pages 294-325, Summer.
    6. Jean-Jacques Laffont & Jean Tirole, 1993. "A Theory of Incentives in Procurement and Regulation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121743, December.
    7. Alexander Galetovic, 2002. "Nota técnica 1: Transmisión eléctrica y la "ley corta": una nota sobre riesgo y la tasa de descuento," Estudios de Economia, University of Chile, Department of Economics, vol. 29(2 Year 20), pages 299-326, December.
    8. Vogelsang, Ingo, 2001. "Price Regulation for Independent Transmission Companies," Journal of Regulatory Economics, Springer, vol. 20(2), pages 141-165, September.
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    Cited by:

    1. Alexander Galetovic & Juan Ricardo Inostroza, 2004. "Transmisión eléctrica y la “ley corta”: por qué licitar es (mucho) mejor que regular (Electricity transmission and the short law: why offering for tender is [much] better than regulation)," Documentos de Trabajo 177, Centro de Economía Aplicada, Universidad de Chile.

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    More about this item

    JEL classification:

    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities

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