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
Juliana Jaramillo-Echeverri, María Teresa Ramírez-Giraldo
Aarón Levi Garavito-Acosta, Wilmer Martinez-Rivera, Juan J. Ospina-Tejeiro, Edgar Caicedo-García
Leonardo Fabio Morales, Diego Astorga-Rojas, Nicolas Guida-Johnson
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