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Transactions on Environment and Electrical Engineering

Results present lessons and recommendations for policy makers based on creeg experience of the Colombian Electricity Market, highlighting the need of a new definition of the scarcity price and a different focus on the energy planning scheme.

Then, she went to the academia as an auxiliary professor at Universidad de la Costa and Universidad del Norte, Barranquilla, Colombia.

Keywords Colombian energy system; energy market; energy planning; spot market price. Llanos was a recipient of the International Chevening Scholarship Award financed by the Foreign Common Wealth in order to study his master degree.

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Email the author Login required. During the bachelor degree he received the Silver Medal, an academic excellence award for performing the best GPA among its fellows classmates. Unfortunately, the flaws in the scarcity price definition- a mechanism that activates the capacity market obligation and sets a cap price for the spot market- have led into a market failure.

How to cite item. After this, he worked in the largest thermo electrical company of Colombia, Termobaranquilla S.

Article Tools Print this article. Abstract The Colombian government introduced a capacity market in order to promote the diversification in the energy matrix and protect users from high prices derived from dry seasonal events.

Her research interest includes the crey and application of microgrids to enable access to electricity in rural areas and energy planning for sustainable development.

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Journal of Energy Literature, Vol. User Username Password Remember me. Specifically, some generation plants have been forced to be unavailable because their variable costs are significantly higher than the scarcity price.

Emanuel Llanos was born in Barranquilla, Colombia, in Email this article Login required. Redefinition of the Scarcity Price: He received the B. This paper presents a qualitative and quantitative analysis of the Colombian Electricity system, with a particular emphasis on the definition of the scarcity price. 00

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Transactions on Environment and Electrical Engineering. From toEmanuel was xreg in the electrical Transmission and Distribution, as an operations intern and a telemetry analyst, respectively. Then, Emanuel worked in the construction industry in the largest energy project built in Colombia, the expansion of Cartagena Refinery, as a construction planner.

The Colombian government introduced a capacity market in order to promote the diversification in the energy matrix and protect users from high prices derived from dry seasonal events. About The Authors Emanuel J.

Journal of Industry, Competition and Trade, Vol.

She is currently pursuing the Ph.