Formação do preço das transações internacionais de eletricidade entre a Colômbia e o Equador

Abstract

This article describes the operation of the international electric transactions between Colombia and Ecuador, its principal regulation and the most important characteristics of both markets paying special attention to the price formation. There is also two econometrics exercises, principal component analysis and beta convergence, to see if there has been price convergence between these two countries showing that there is no price convergence between both markets.