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El Costo de la Falla Residencial en Chile: Una Estimación Usando la Curva de Demanda
Economic Analysis Review
View Archive Info| Field | Value | |
| Title |
El Costo de la Falla Residencial en Chile: Una Estimación Usando la Curva de Demanda
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| Creator |
Benavente, José Miguel
Galetovic, Alexander Sanhueza, Ricardo Serra, Pablo |
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| Description |
This paper estimates the residential outage cost in Chile’s Central Interconnected System (SIC), using consumer’s willingness to pay for energy. We first estimate the cost of reducing energy consumption efficiently, that is only the less valuable kWh (as indicated by the market demand curve) are rationed. Then we estimate the per-kWh cost of rationing by cutting off service. We find that the outage cost varies considerably depending on the length of the rationing period; and on how energy is rationed. Longer restrictions allow users to adjust more, and hence are cheaper. Similarly, we estimate that rationing efficiently is between two and six times cheaper than rationing by cutting off service.
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| Publisher |
Universidad Alberto Hurtado - Facultad de Economía y Negocios
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| Contributor |
—
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| Date |
2010-03-02
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://www.rae-ear.org/index.php/rae/article/view/49
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| Source |
Revista de Análisis Económico - Economic Analysis Review; Vol 20, No 2 (2005); 23-40
Revista de Análisis Económico – Economic Analysis Review; Vol 20, No 2 (2005); 23-40 0718-8870 0716-5927 |
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| Language |
spa
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| Relation |
http://www.rae-ear.org/index.php/rae/article/view/49/96
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