Redes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ?

Smart grids now figure prominently in the international debate on the design and regulation of electricity markets. This paper analyzes the potential effects of implementing a demand response mechanism in the Colombian wholesale electricity market with characteristics similar to that of the PJM mark...

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Autores:: Garcia, John
Gutiérrez, Alejandro
Velasquez, Hermilson
Vargas, Luisa

Tipo de recurso:

Fecha de publicación:: 2018

Institución:: Universidad EAFIT

Repositorio:: Repositorio EAFIT

Idioma:: spa

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network_acronym_str	REPOEAFIT2
network_name_str	Repositorio EAFIT
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dc.title.spa.fl_str_mv	Redes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ?
title	Redes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ?
spellingShingle	Redes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ? Demand response Colombian electricity market ARIMAX – ARCH Economics benefits. Respuesta de la demanda ARIMAX – ARCH Beneficios económicos Colombia.
title_short	Redes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ?
title_full	Redes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ?
title_fullStr	Redes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ?
title_full_unstemmed	Redes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ?
title_sort	Redes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ?
dc.creator.fl_str_mv	Garcia, John Gutiérrez, Alejandro Velasquez, Hermilson Vargas, Luisa
dc.contributor.eafitauthor.none.fl_str_mv	jgarcia@eafit.edu.co
dc.contributor.author.none.fl_str_mv	Garcia, John Gutiérrez, Alejandro Velasquez, Hermilson Vargas, Luisa
dc.subject.keyword.eng.fl_str_mv	Demand response Colombian electricity market ARIMAX – ARCH Economics benefits.
topic	Demand response Colombian electricity market ARIMAX – ARCH Economics benefits. Respuesta de la demanda ARIMAX – ARCH Beneficios económicos Colombia.
dc.subject.keyword.spa.fl_str_mv	Respuesta de la demanda ARIMAX – ARCH Beneficios económicos Colombia.
description	Smart grids now figure prominently in the international debate on the design and regulation of electricity markets. This paper analyzes the potential effects of implementing a demand response mechanism in the Colombian wholesale electricity market with characteristics similar to that of the PJM market. Using time series models and controlling for the high volatility presented in the spot price, we estimate that such a mechanism could yield significant economic savings for customers. For example, if the demand response mechanism had been implemented during 2015, the spot price in peak hours would have been 30% lower and customers would have saved approximately COP $99.000 million.
publishDate	2018
dc.date.available.none.fl_str_mv	2018-11-29T20:51:50Z
dc.date.issued.none.fl_str_mv	2018-11
dc.date.accessioned.none.fl_str_mv	2018-11-29T20:51:50Z
dc.type.eng.fl_str_mv	workingPaper info:eu-repo/semantics/workingPaper
dc.type.coarversion.fl_str_mv	http://purl.org/coar/version/c_b1a7d7d4d402bcce
dc.type.coar.fl_str_mv	http://purl.org/coar/resource_type/c_8042
dc.type.local.spa.fl_str_mv	Documento de trabajo de investigación
dc.type.hasVersion.eng.fl_str_mv	draft
dc.identifier.uri.none.fl_str_mv	http://hdl.handle.net/10784/13274
dc.identifier.jel.none.fl_str_mv	C32 D47 L52
url	http://hdl.handle.net/10784/13274
identifier_str_mv	C32 D47 L52
dc.language.iso.eng.fl_str_mv	spa
language	spa
dc.rights.coar.fl_str_mv	http://purl.org/coar/access_right/c_abf2
dc.rights.local.spa.fl_str_mv	Acceso abierto
rights_invalid_str_mv	Acceso abierto http://purl.org/coar/access_right/c_abf2
dc.coverage.spatial.eng.fl_str_mv	Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees
dc.publisher.spa.fl_str_mv	Universidad EAFIT
dc.publisher.department.spa.fl_str_mv	Escuela de Economía y Finanzas
institution	Universidad EAFIT
bitstream.url.fl_str_mv	https://repository.eafit.edu.co/bitstreams/cb28e709-f0e9-486b-81d1-825072a9113c/download https://repository.eafit.edu.co/bitstreams/67aabcba-1c8c-44ee-adba-084506e155bd/download
bitstream.checksum.fl_str_mv	76025f86b095439b7ac65b367055d40c c7731a52c45abf84775ac0ad71a0277b
bitstream.checksumAlgorithm.fl_str_mv	MD5 MD5
repository.name.fl_str_mv	Repositorio Institucional Universidad EAFIT
repository.mail.fl_str_mv	repositorio@eafit.edu.co
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spelling	Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees2018-11-29T20:51:50Z2018-112018-11-29T20:51:50Zhttp://hdl.handle.net/10784/13274C32D47L52Smart grids now figure prominently in the international debate on the design and regulation of electricity markets. This paper analyzes the potential effects of implementing a demand response mechanism in the Colombian wholesale electricity market with characteristics similar to that of the PJM market. Using time series models and controlling for the high volatility presented in the spot price, we estimate that such a mechanism could yield significant economic savings for customers. For example, if the demand response mechanism had been implemented during 2015, the spot price in peak hours would have been 30% lower and customers would have saved approximately COP $99.000 million.Las redes inteligentes tienen hoy un papel preponderante en el debate internacional acerca del diseño y la regulación de los mercados eléctricos. Este artículo analiza los potenciales efectos de la implementación de un mecanismo de respuesta de la demanda en Colombia, con características similares al utilizado en el mercado de PJM. Usando series de tiempo y controlando por la alta volatilidad que se presenta en el precio de corto plazo (precio de bolsa), estimamos que tal mecanismo habría logrado significantes ahorros a los consumidores. Por ejemplo, si el mecanismo de respuesta de la demanda hubiera sido implementado durante 2015, el precio de bolsa en horas pico podría haber sido un 30% menor y los consumidores habrían ahorrado aproximadamente $COP99.000 millones.spaUniversidad EAFITEscuela de Economía y FinanzasRedes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ?workingPaperinfo:eu-repo/semantics/workingPaperDocumento de trabajo de investigacióndrafthttp://purl.org/coar/version/c_b1a7d7d4d402bccehttp://purl.org/coar/resource_type/c_8042Acceso abiertohttp://purl.org/coar/access_right/c_abf2Demand responseColombian electricity marketARIMAX – ARCHEconomics benefits.Respuesta de la demandaARIMAX – ARCHBeneficios económicosColombia.jgarcia@eafit.edu.coGarcia, Johnbe4b38fa-3694-4eea-8d0b-2110f627d6df-1Gutiérrez, Alejandrob17483f4-5e75-4a73-ba09-ba7756646a7f-1Velasquez, Hermilsonb225232e-e075-46b7-b14f-336fa6258432-1Vargas, Luisacf9e1e26-d8c3-464f-8890-2ad14abf8d62-1LICENSElicense.txtlicense.txttext/plain; charset=utf-82556https://repository.eafit.edu.co/bitstreams/cb28e709-f0e9-486b-81d1-825072a9113c/download76025f86b095439b7ac65b367055d40cMD51ORIGINALWP-2018-20-John J. Garcia-Rendon.pdfWP-2018-20-John J. Garcia-Rendon.pdfDocumento de trabajo de investigaciónapplication/pdf808873https://repository.eafit.edu.co/bitstreams/67aabcba-1c8c-44ee-adba-084506e155bd/downloadc7731a52c45abf84775ac0ad71a0277bMD5210784/13274oai:repository.eafit.edu.co:10784/132742024-12-04 11:49:09.036open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.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

Redes inteligentes y mecanismo de respuesta de la demanda: el caso del sector eléctrico colombiano Smart grids and demand response mechanism: the case of the Colombian electricity market ?

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