The Iberian market operates as a single market across the Iberian peninsular (Spain and Portugal). Spot market prices are the same across the region for most of the time but may differ for each country if there are contraints on the interconnectors between them. Renewable generation (mainly wind and hydro) represents around half of installed capacity and ~40% of generation
Great Britain
The GB electricity market operates as a single market across England, Scotland Wales. Spot prices are determined for the entire region as a single price zone. Renewable generation provides around ~20-25% of total generation, mostly from wind which has some of the best wind resource in Europe
Brazil
The Brazilian power system is predominantly hydroelectric. However, hydro generation is not enough to supply the total demand, making the thermal power dispatch necessary, mainly in the dry season. As a consequence, spot prices vary according to the system conditions (hydrology and reservoir levels). The system is divided into four interconnected submarkets with their own demand, rainfall patterns and spot …
Colombia
The Colombian electricity market has four activities: generation and commercialization are in free competition, while transmission and distribution are treated as regulated monopolies. In addition, there are other actors who must be considered for their importance and influence in the market: big consumers, the operator and market manager, and government entities. Energy is traded through bilateral contracts (OTC) and daily …
Chile
The Chilean national electricity market (CEN) represents nearly 95% of total demand and operates as a single market, with prices settled on an hourly basis at more than 2,000 nodal pricing locations across the country. Electricity demand is served predominantly through long-term contracts, with shortfall or excess energy traded between distribution companies, large consumers and Independent Power Producers (IPP) in …
India
India is the third largest producer and fourth largest consumer of electricity in the world, covering 29 states and seven Union territories, with a population of over 1.3 billion. India’s power sector is highly diversified with both conventional sources such as coal, natural gas and nuclear, as well as renewable sources such as hydro, wind and solar. The Government of India …