Regulatory Schemes and Investment Behavior in Transmission of Electricity: The Case of Argentina
AbstractThe objective of this paper is to analyze the impact of the Argentinian regulation of the expantion of the network for high voltage electricity. Argentina reorganized its electricity industry in 1992, including the transmission network and adopted a new regulatory framework. The result for investment in transmission have been mixed so far. The new regulation apparently have not triggered the investment necessary to eliminate local bottlenecks in the transmission system. The persistence of this problems hinders the capability of the industry to ensure reliable and economical electricity in the long run. This paper attemps to explain the reasons for these mixed results.
Upon submission of an article, authors are asked to indicate their agreement to abide by an open-access license. The license permits any user to download, print out, extract, archive, and distribute the article, so long as appropriate credit is given to the authors of the work. The license ensures that your article will be as widely available as possible and that your article can be included in any scientific archive. Please read about the Creative Commons Attribution License before submitting your paper.
Except where otherwise noted, content on this site is licensed under a Creative Commons Attribution 3.0 License