La configuración del mix tecnológico en un sistema eléctrico liberalizado

  1. Castro Rodríguez, Fidel
Zeitschrift:
Economía industrial

ISSN: 0422-2784

Datum der Publikation: 2007

Titel der Ausgabe: Ajustes regulatorios en el sector eléctrico español

Nummer: 364

Seiten: 75-86

Art: Artikel

Andere Publikationen in: Economía industrial

Zusammenfassung

This paper analyzes the evolution of technology mix in the electricity industry when investment choices are left to private investors. In particular, possible failures and investment biases in recent liberalized electricity markets are presented. In addition, the main regulatory mechanisms used in practice and their effects are analyzed. Finally, this paper explores the government intervention in technology choices in the Spanish electricity market from the beginning of the liberalization process. While some regulatory rules have adequacy complemented the market functioning, others have distorted the electricity price, which is the reference to signal right investments.