Regulatory Schemes and Investment Behavior in Transmission of Electricity: The Case of Argentina

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Keywords:

electricity transmission, regulation, investment, Argentina, high voltage, regulatory framework

Abstract

The objective of this paper is to analyze the impact of the Argentinian regulation on the expansion 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 results for investment in transmission network have been mixed so far. The new regulations apparently have not triggered the investment necessary to eliminate local bottlenecks in the transmission system. The persistence of these problems hinders the capability of the industry to ensure reliable and economical electricity in the long run. This paper attempts to explain the reasons for these mixed results.

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References

Abdala, M. A. (1994). Transmission pricing in private owned electricity grids: An illustration from the Argentine electricity pool [Mimeo].

Abdala, M., Arrufat, J.-L., & Torres, C. (1995). Auctioning of transmission capacity rights: A market based mechanism to allocate property rights in electricity network investments [Mimeo].

Arizu, H., & Caruso, L. M. (1992). Pricing system in the Argentine wholesale electric market [Mimeo].

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Published

1995-10-31

How to Cite

Torres, C. (1995). Regulatory Schemes and Investment Behavior in Transmission of Electricity: The Case of Argentina. Economic Analysis Review, 10(2), 203–235. Retrieved from https://www.rae-ear.org/index.php/rae/article/view/178

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