interaction between adjacent markets in south america n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Interaction between adjacent markets in South America PowerPoint Presentation
Download Presentation
Interaction between adjacent markets in South America

Loading in 2 Seconds...

play fullscreen
1 / 22

Interaction between adjacent markets in South America - PowerPoint PPT Presentation


  • 77 Views
  • Uploaded on

Interaction between adjacent markets in South America. 2007 APEx Conference October 14 to October 17 Paris, France. Luis Alejandro Camargo S. Wholesale Market Manager XM S.A. E.S.P. Contents. Regional situation Regional interconnections Andean Community Central America Region

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Interaction between adjacent markets in South America' - sonel


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
interaction between adjacent markets in south america

Interaction between adjacent markets in South America

2007 APEx Conference

October 14 to October 17

Paris, France

Luis Alejandro Camargo S.

Wholesale Market Manager

XM S.A. E.S.P.

slide2

Contents

  • Regional situation
  • Regional interconnections
  • Andean Community
  • Central America Region
  • The Southern Common Market (MERCOSUR)
slide3

Contents

  • Regional situation
  • Regional interconnections
  • Andean Community
  • Central America Region
  • The Southern Common Market (MERCOSUR)
latin america situation
Latin America Situation

Mesoamerica

South America

Latin America

Nordpool

Reference

Cap. Installed [MW]

58,263

189,595

189,373

88,921

Reserve

MW[%Cap. Inst.]

19,522(34%)

65,625

(35%)

79,811

(42%)

19,528

(22%)

Resources

Demand [MW]

38,741

123,970

109,562

69,393

Interconnection

MW

(%Demand)

460

(1.2%)

4,269

(3.4%)

4,729

(4.3%)

15,185

(22%)

Net

Interconnection situation

MER (Central America)

ITX Méx - Guat

Market coupling

(Col – Ecu)

ITXs Other countries

Common Market

slide5

152 TCF

67%

4 TCF

2%

1 TCF

1%

12 TCF

5%

12 TCF

5%

26 TCF

12%

2 TCF

1%

15 TCF

7%

TFC: Trillion Cubic Feet

Natural Gas Reserves

slide7

Contents

  • Regional situation
  • Regional interconnections
  • Andean Community
  • Central America Region
  • The Southern Common Market (MERCOSUR)
slide8

Scenery of integration (future)

Physical interconnection (future)

Interconnection capacities (MW)

200 MW

80 MW

Scenery of integration (present)

80 MW

120 MW

Physical interconnection (present)

80 MW

Central America

Policies and processes that facilitate the development of regional infrastructure

100 MW

300 MW

300 MW

336 MW

200 MW

500 MW

Andean Community

Possible participation of Chile, Venezuela and Panama

Agreement CAN 536 (2002)

100 MW

900 MW

Mercosur- The Southern Common Market

Countries with high electricity demand

Many interconnections

6,300 MW

2,000 MW

600 MW

70 MW

2,000 MW

interconnection capacity allocation

F

INTERCONNECTION CAPACITY ALLOCATION

E

F

F

F

E

E

Existing

E

F

Future

F

Long term bilateral contracts

Bilateral

1

F

E

Implicit Auctions

Centralized PX

Market Splitting

2

E

Implicit Auctions

Decoupled Systems

Market Coupling

3

E

E

E

E

slide10

Contents

  • Regional situation
  • Regional interconnections
  • Andean Community
  • Central America Region
  • The Southern Common Market (MERCOSUR)
andean region
Andean Region

336 MW

Col - Ven

Contracts

TIE Colombia – Ecuador - Peru In progress

500 MW

TIE Colombia – Ecuador March 2003

Col - Ecuador

TIE

CAN 536 Act.

  • CAN 536 Act.

Dec. 2002

Ecuador - Peru(TIE in progress)

100 MW

National networks

slide13

Contents

  • Regional situation
  • Regional interconnections
  • Andean Community
  • Central America Region
  • The Southern Common Market (MERCOSUR)
slide14

80 MW

80 MW

120 MW

80 MW

300 MW

(2009)

100 MW

MER Transactions

Annual transactions

National networks

Source: Regional Operator -EOR- www.enteoperador.org

slide15

230 KV line

National substation

SIEPAC Network

Operation date April 2009

230 KV, single circuit

Cost M US385

Interconnection substation

Panaluya

Río Lindo

Guate Norte

Cajón

Country

KMS

120 MW

Guatemala

281

T

Aguacapa

80 MW

80 MW

285

Salvador

Nejapa

Ahuachapán

270

Honduras

Aguacaliente

15 de Sept.

321

Nicaragua

490

Costa Rica

150

Panamá

Planta Nicaragua

Total

Lago

1,797

Ticuantepe

Nicaragua

80 MW

300 MW capacity

15 substations

Cable OPGW

Common Electricity Market

Framework Treaty (1995)

Transitory regulations of Operation and Trading (2002)

Regulator, ISO and PX Regional

MER Regulation (2005)

Cañas

www.eprsiepac.com

Parrita

100 MW

Palmar Norte

Panamá

Río Claro

Veladero

slide16

Contents

  • Regional situation
  • Regional interconnections
  • Andean Community
  • Central America Region
  • The Southern Common Market (MERCOSUR)
slide17

Interchanges electricity-Mercosur

Capacity networks

High physical integration

Low market integration

200 MW

900 MW

6,300 MW

2,000 MW

600 MW

70 MW

2,000 MW

PS: Regional interchanges included of the

following binational generators:

  • Itaipú (Brazil – Paraguay)
  • Yacyretá (Argentina – Paraguay)
  • Salto Grande (Argentina – Uruguay)

Source: Olade

slide19

Conclusions

Andean Countries

  • Net benefits for coupled markets
  • However:
    • Political interference (subsidies, congestion surplus)
    • Policy of self-supplying
    • Price formation asymmetries: (fixed costs recovery)
    • Arbitration and Conflict Dispute Resolution
  • New interconnections in progress
  • CAN 536 Act application
slide20

Conclusions

MER – Central American Market

  • Regional electricity market with common rules
  • Interchange reduction
    • High fuel prices
    • Technical restrictions
  • Regional interconnection under construction (2009)

MERCOSUR

  • Bilateral physical contracts …