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Interconexión Eléctrica en Chile: Precios versus Costos

Author

Listed:
  • Javier Bustos-Salvagno

    (ILADES – Universidad Alberto Hurtado)

  • Fernando Fuentes H.

    (ILADES – Universidad Alberto Hurtado)

Abstract

El presente trabajo tiene por objeto estimar el impacto en precios a cliente final de la interconexión entre los dos mayores sistemas eléctricos de Chile. Para ello se estima un modelo econométrico en que los precios son explicados, entre otras variables, por el nivel de los costos marginales del sistema, los grados de concentración del mercado y la variabilidad de los costos marginales proyectados por los agentes. Los datos utilizados corresponden a los contratos bilaterales entre generadores y grandes clientes, desde 2006 hasta 2014. Los resultados encontrados indican que la interconexión beneficiaría a los clientes finales al disminuir los precios de equilibrio, producto de una caída en la variabilidad de los costos marginales esperados y una menor concentración de las empresas generadoras existentes. El aporte de este enfoque es que centra los beneficios de la interconexión en las condiciones de competencia y riesgo, y no en la simple estimación de costos directos como tradicionalmente se ha hecho.

Suggested Citation

  • Javier Bustos-Salvagno & Fernando Fuentes H., 2015. "Interconexión Eléctrica en Chile: Precios versus Costos," ILADES-UAH Working Papers inv310, Universidad Alberto Hurtado/School of Economics and Business.
    • Handle: RePEc:ila:ilades:inv310
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    File URL: http://fen.uahurtado.cl/wp-content/uploads/2015/05/310-InterconexionLibres.pdf
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    More about this item

    Keywords

    Transmisión; Electricidad; Contratos; Poder de Mercado; Riesgo; Chile;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • O22 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Project Analysis
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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