Borradores de Economia
Número:
922
Publicado:
Clasificación JEL:
Q40, Q42, Q49, L11, L5, L89
Palabras clave:
Electricity Markets, Self-commitment, Centralized Unit Commitment, Economic Efficiency
Lo más reciente
Juan Camilo Laborde-Vera
Oscar Iván Ávila-Montealegre, Juan José Ospina-Tejeiro, Anderson Grajales, Mario Andrés Ramos-Veloza
Mario Andrés Ramos-Veloza, Sara Naranjo-Saldarriaga, José Pulido
We introduce a dispatch model of Colombia's independent system operator (XM) in order to study the relative merits of self-commitment vs. centralized unit comment. We capitalize on the transition that took place in 2009 from self-unit commitment to centra