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Transition to centralized unit commitment : an econometric analysis of Colombia’s experience

Luciano
de Castro
Shmuel
Oren
Alvaro J.
Riascos
Miguel
Bernal
Martes, 1 Julio 2014

This paper evaluates the impact of Resolution CREG 051 on the performance of the electricity markets in Colombia. We found out that productive efficiency has improved since the introduction of the Resolution, that is, the total costs of producing electric