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Tendencias recientes del sector eléctrico

Author

Listed:
  • Ignacio J. Pérez-Arriaga

    (Instituto de Investigación Tecnológica. E.T.S.I. ICAN Universidad Pontificia Comillas)

Abstract

Despite the astonishing technological advances during the last century, electricity still has to be transported from the generators to the loads by using copper or aluminum wires. This physical constraint determines that the business of transporting electricity has the economic characteristics of a natural monopoly, therefore subject to regulation. Three are the major areas that need to be regulated: investment -i.e. deciding who will build new facilities and how they will be remunerated-, access -i.e. allocating limited network capabilities whenever there is a conflict- and pricing -i.e. charging the regulated network costs to the network users-. These complex regulatory issues become even more fascinating in the context of regional or multinational markets.

Suggested Citation

  • Ignacio J. Pérez-Arriaga, 2001. "Tendencias recientes del sector eléctrico," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 46(01), pages 38-59.
    • Handle: RePEc:ekz:ekonoz:2001102
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    More about this item

    Keywords

    industrias de red; sector eléctrico; regulación; energía; electricidad;
    All these keywords.

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L4 - Industrial Organization - - Antitrust Issues and Policies
    • L9 - Industrial Organization - - Industry Studies: Transportation and Utilities

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