Abstract

IBARRA-YUNEZ, Alejandro; COLLINS, Mary  and  MAHADY, James. Comparative analysis of Mexico’s independent system operator with U.S. peers: Institutional assessment structures and performance metrics. Contad. Adm [online]. 2021, vol.66, n.1, 00014.  Epub Oct 11, 2021. ISSN 0186-1042.  https://doi.org/10.22201/fca.24488410e.2020.2527.

Wholesale electricity market assessment frameworks from the US provide a useful perspective for Mexico’s new electricity market. First, an institutional economics analysis of strengths and weaknesses of Mexico’s ISO (CENACE) provides a foundation for market assessment. Then, assessment frameworks used by US regulators studied herein for wholesale market operators highlight a framework for minimum necessary characteristics of electricity market products for application in Mexico’s wholesale market. Such institutional frameworks could serve as future performance measures in CENACE, independent of the electricity policy model.

Keywords : ISO/ RTO; ISO performance metric; Wholesale electricity markets; Minimum requirements; L94; L15; Q48.

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