Matches in SemOpenAlex for { <https://semopenalex.org/work/W3166177746> ?p ?o ?g. }
Showing items 1 to 81 of
81
with 100 items per page.
- W3166177746 abstract "The Peruvian power market was established in 1992, amid serious supply constraints and financially distressed power utilities. Since its inception, the market has been adapted by competitive market reforms and adaptations due to government-driven public policy objectives. This paper analyzes the experience of Peru with power markets, including market design, implementation, and outcomes. A cost-based power pool with locational marginal prices was established overnight, with bilateral contracts among market participants and regulated capacity payments. After an initial period of rapid investment, sluggish capacity additions and a prolonged drought in 2003-04 motivated the successful introduction of competitive supply auctions in 2006, to ensure that needed capacity additions were made to meet demand growth. Competitive auctions for renewable capacity have also been successful, attracting investment at falling prices. However, the market has been adapted by the government, pushing technology-specific auctions to develop a balanced mix of gas and hydro power generation, with additional costs passed through to final customers. As a result, supply is less prone to hydrological conditions, but it is now subject to gas transport constraints; prices are depressed at US$9/megawatt hour; and the reserve margin increased to 81 percent in 2017. Overall, continuous adaptations to the Peruvian power market have delivered competitive outcomes, with concentration falling steadily and security of supply increasing over the past decade. However, the mixed approach of competitive forces and government-driven adaptations for public policy objectives calls into question the long-term efficiency of the market." @default.
- W3166177746 created "2021-06-22" @default.
- W3166177746 creator A5061059587 @default.
- W3166177746 creator A5086675662 @default.
- W3166177746 date "2019-03-11" @default.
- W3166177746 modified "2023-09-27" @default.
- W3166177746 title "Learning from Developing Country Power Market Experiences : The Case of Peru" @default.
- W3166177746 hasPublicationYear "2019" @default.
- W3166177746 type Work @default.
- W3166177746 sameAs 3166177746 @default.
- W3166177746 citedByCount "0" @default.
- W3166177746 crossrefType "posted-content" @default.
- W3166177746 hasAuthorship W3166177746A5061059587 @default.
- W3166177746 hasAuthorship W3166177746A5086675662 @default.
- W3166177746 hasConcept C119857082 @default.
- W3166177746 hasConcept C120330832 @default.
- W3166177746 hasConcept C138885662 @default.
- W3166177746 hasConcept C144133560 @default.
- W3166177746 hasConcept C162324750 @default.
- W3166177746 hasConcept C163239763 @default.
- W3166177746 hasConcept C175444787 @default.
- W3166177746 hasConcept C17744445 @default.
- W3166177746 hasConcept C199539241 @default.
- W3166177746 hasConcept C27548731 @default.
- W3166177746 hasConcept C2775881736 @default.
- W3166177746 hasConcept C2778137410 @default.
- W3166177746 hasConcept C2781127519 @default.
- W3166177746 hasConcept C34447519 @default.
- W3166177746 hasConcept C40700 @default.
- W3166177746 hasConcept C41008148 @default.
- W3166177746 hasConcept C41895202 @default.
- W3166177746 hasConcept C66887028 @default.
- W3166177746 hasConcept C774472 @default.
- W3166177746 hasConcept C94625758 @default.
- W3166177746 hasConceptScore W3166177746C119857082 @default.
- W3166177746 hasConceptScore W3166177746C120330832 @default.
- W3166177746 hasConceptScore W3166177746C138885662 @default.
- W3166177746 hasConceptScore W3166177746C144133560 @default.
- W3166177746 hasConceptScore W3166177746C162324750 @default.
- W3166177746 hasConceptScore W3166177746C163239763 @default.
- W3166177746 hasConceptScore W3166177746C175444787 @default.
- W3166177746 hasConceptScore W3166177746C17744445 @default.
- W3166177746 hasConceptScore W3166177746C199539241 @default.
- W3166177746 hasConceptScore W3166177746C27548731 @default.
- W3166177746 hasConceptScore W3166177746C2775881736 @default.
- W3166177746 hasConceptScore W3166177746C2778137410 @default.
- W3166177746 hasConceptScore W3166177746C2781127519 @default.
- W3166177746 hasConceptScore W3166177746C34447519 @default.
- W3166177746 hasConceptScore W3166177746C40700 @default.
- W3166177746 hasConceptScore W3166177746C41008148 @default.
- W3166177746 hasConceptScore W3166177746C41895202 @default.
- W3166177746 hasConceptScore W3166177746C66887028 @default.
- W3166177746 hasConceptScore W3166177746C774472 @default.
- W3166177746 hasConceptScore W3166177746C94625758 @default.
- W3166177746 hasLocation W31661777461 @default.
- W3166177746 hasOpenAccess W3166177746 @default.
- W3166177746 hasPrimaryLocation W31661777461 @default.
- W3166177746 hasRelatedWork W102984742 @default.
- W3166177746 hasRelatedWork W1544880424 @default.
- W3166177746 hasRelatedWork W1604611595 @default.
- W3166177746 hasRelatedWork W1900695293 @default.
- W3166177746 hasRelatedWork W2007312437 @default.
- W3166177746 hasRelatedWork W2025459524 @default.
- W3166177746 hasRelatedWork W2099695040 @default.
- W3166177746 hasRelatedWork W2128158012 @default.
- W3166177746 hasRelatedWork W2249349893 @default.
- W3166177746 hasRelatedWork W2265175223 @default.
- W3166177746 hasRelatedWork W236771600 @default.
- W3166177746 hasRelatedWork W2387953936 @default.
- W3166177746 hasRelatedWork W2488781882 @default.
- W3166177746 hasRelatedWork W2765234218 @default.
- W3166177746 hasRelatedWork W3119848963 @default.
- W3166177746 hasRelatedWork W3124025201 @default.
- W3166177746 hasRelatedWork W3128806371 @default.
- W3166177746 hasRelatedWork W3176583507 @default.
- W3166177746 hasRelatedWork W620514664 @default.
- W3166177746 hasRelatedWork W180511724 @default.
- W3166177746 isParatext "false" @default.
- W3166177746 isRetracted "false" @default.
- W3166177746 magId "3166177746" @default.
- W3166177746 workType "article" @default.