Abstract
The present chapter concentrates on a comparative analysis of the path of regulatory change, and the drive and incentive perception of increasing number of participants in deregulated energy systems in Mexico and some adjacent markets in the United States: CAISO and ERCOT. The chapter also makes an emphasis of the long term (10 or more) years for a market to mature, as is demonstrated in the analysis applied to US cases and FERC decisions and legal acts, as lessons for Mexico. Incentives are separated between fiscal, financial, and regulatory promotion of markets. Finally, the chapter makes a case that the environmental agenda and the energy mix changes towards renewables should set clear policy bridges between the two energy system policies. Conclusions and then derived from the economic analysis.
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Abbreviations
- CAPEX:
-
Capital Expenditure
- CAISO :
-
California Independent System Operator
- CC:
-
Combined Cycle
- CENACE :
-
National Centre for Energy Control or Centro Nacional para Control de Energía
- CFE :
-
Comisión Federal de Electricidad or National Utility Company
- CPUC:
-
California Public Utility Commission
- CRE :
-
Energy Regulatory Commission or Comisión Reguladora de Energía
- CREZ:
-
Competitive Renewable Energy Zones
- DACG:
-
General Administrative Decisions
- EIA:
-
Energy Information Administration
- EPE:
-
State Productive Enterprises or Empresas Productoras de Energía
- EPES:
-
Empresa Productiva del Estado
- ERCOT :
-
Electric Reliability Council of Texas
- FTR:
-
Financial transmission rights
- FERC:
-
Federal Energy Regulatory Commission
- IOU:
-
Investor Owned Utility
- ISO:
-
Independent System Operator
- LCOE:
-
Levelized Cost of Energy
- LIE:
-
Ley de la Industria Eléctrica
- LSE:
-
Load Service Entity
- LSPEE:
-
Law for the Public Service of Electricity Use
- NERC:
-
National Energy Reliability Council
- OPEX:
-
Operating Expense
- PCG:
-
Power Generation Company
- PIE:
-
Mexico Independent Power Producers or Productores Independiente de Energía
- PPA:
-
Purchasing Power Agreement
- PRODESEN:
-
National Development Program of the Energy Sector or Programa de Desarrollo del Sistema Eléctrico Nacional
- PTP:
-
Point to Point
- PUC:
-
Public Utilities Commission
- PV:
-
Photovoltaic
- QF:
-
Qualified Facility
- REC:
-
Renewable Energy Certificates
- REP:
-
Retail Energy Producers in ERCOT, different from Mexico’s Renewable Energy Projects (refer specifically to ERCOT)
- RTO:
-
Regional Transmission Organization
- SENER:
-
Secretary of Energy
- SHCP:
-
Secretary of the Treasury
- TDSP:
-
Transmission and Distribution Provider
- TPUC:
-
Texas Public Utility Commission
- WECC:
-
Western Electricity Coordinating Council
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Ibarra-Yunez, A. (2022). Energy Market Evolution in Lieu of Fossil Fuels Use and Renewables Penetration Due to Regulatory Changes. In: Lozano, F.J., Mendoza, A., Molina, A. (eds) Energy Issues and Transition to a Low Carbon Economy. Strategies for Sustainability. Springer, Cham. https://doi.org/10.1007/978-3-030-75661-1_4
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