Published in Economics of Energy & Environmental Policy
In this study, we empirically estimate the impact of quality regulation based on economic incentives on the frequency and duration of power outages. First, based on a sample of 143 electricity distributors across Latin America and the Caribbean, we show that between 2003 and 2019, the System Average Interruption Duration Index (SAIDI) and the System Average Interruption Frequency Index (SAIFI) decreased after the implementation of quality regulation by an average of 40% and 45%, respectively. Second, our estimations show that the implementation of the quality regulation had a positive and significant impact on reducing both the duration and frequency of outages. Finally, our results show that on average, private firms had a better quality performance, but the worst performing firms in the region were also private. Our results advocate for more quality regulation.
Keywords: Regulation, Electricity, Quality, SAIDI, SAIFI, Latin America, Caribbean
Read the working paper here – free access
Ce séminaire porte sur la finance solidaire et la finance à impact qui sont considérées comme des modes de financement alternatifs ou complémentaires aux circuits financiers traditionnels. Il interroge en particulier l’évolution de ces deux types de finances au regard de leurs objectifs affichés, étant donné leur essor important depuis une quinzaine d’années.
This one-day workshop brings together researchers working on the design, evaluation, and impact of climate policies aimed at fostering the development and diffusion of low-carbon technologies. The presentations will cover a range of topics including the regulation of urban transport emissions, the integration of carbon dioxide removal into energy markets, the strategic adoption of...