Pontificia Universidad Católica de Chile Pontificia Universidad Católica de Chile
Rudnick, H, Mocarquer, S., Benchmark RegulationEfficiency of Electricity Distribution: Strengths and Weaknesses, paper 07GM0943, IEEE Power Engineering Society 2007 General Meeting, Tampa, Florida, June 2007 (2007)

Benchmark Regulation and Efficiency of Electricity Distribution: Strengths and Weaknesses

Tipo de publicación : Conferencia No A* ni A

Abstract

A growing challenge in the restructuring of the
electrical sector, where competition is introduced in the
generation area, is to achieve equivalent efficiencies in the electrical distribution service, an activity that develops in a monopolistic environment. Chile has had an experience of over 20 years of applying benchmark price regulation to its distribution companies. This summary discusses the
strengths and weaknesses of the Chilean benchmark
scheme1.