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Marco Regulatorio del Mercado Eléctrico Argentino: Modificaciones y consecuencias hacia el futuro del sector
[Regulations of the Argentine Electrical Market: Modifications and consequences towards the future of the sector]

Listed author(s):
  • Leandro, Cerutti

To beginning of 2002, the Argentine government declares the emergency economic, financier, exchange and social by means of sanction ofe Law N. 25.561 and respect to do makes abandonment of the convertibility of the local currency American, facing strong devaluation of weight. As of this moment the State actively took part in readaption of the electric system to the new social economic conditions a new norm and concrete actions. In this context the Secretary of Energy implement an important number of Resolutions that affected of different ways from the effective regulatory frame and with important effects on the associated bottoms to maintain the correct operation of Wholesale Market. The objective of this work is to analyze the impact on the sector of such resolutions, being examined the main modifications that were introduced within the framework regulatory of the electric market from devaluation in the bottoms destined to facilitate the operating one of the market, and in the structure behavior that to the sector prior to a 2002, mainly in the referred thing to the sector of generation previous to the crisis. With respect to this segment is the prices that receive the generators, adopted post-devaluaci?que has granted in order to give them continuity to the service. The perspective of the sector in the long term considering the present problems of supplying of gas and before changes in the macroeconomics conditions. In which investigation talks about to the approach of this? Have to be divided of a putting for he caracteristics of the operation of the Argentine system within the new regulatory organizational institucional and, to the light of a paradigm sistem in which the market is in relation with other systems of provision of energy. East paradigm has been chosen because in Argentina the elmarket presents/displays forts entailments with the market gas?ro, being the gas I ooze m?importante in the generation. Therefore, the problems derived from the gas shortage directly affect evolution of electric market.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 3094.

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Date of creation: 01 Jan 2006
Handle: RePEc:pra:mprapa:3094
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  1. Baumol, William J, 1982. "Contestable Markets: An Uprising in the Theory of Industry Structure," American Economic Review, American Economic Association, vol. 72(1), pages 1-15, March.
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