{"id":1360,"date":"2018-08-01T16:30:50","date_gmt":"2018-08-01T16:30:50","guid":{"rendered":"https:\/\/mercadoernc.minenergia.cl\/?page_id=1360"},"modified":"2021-12-01T15:17:45","modified_gmt":"2021-12-01T15:17:45","slug":"3-operation-of-the-chilean-electricity-market","status":"publish","type":"page","link":"https:\/\/mercadoernc.minenergia.cl\/?page_id=1360&lang=en","title":{"rendered":"3. Operation of the Chilean electricity market"},"content":{"rendered":"<p>[vc_row][vc_column width=\u00bb1\/4&#8243;][vc_tta_accordion active_section=\u00bb1&#8243; collapsible_all=\u00bbtrue\u00bb][vc_tta_section i_icon_fontawesome=\u00bbfa fa-plus\u00bb add_icon=\u00bbtrue\u00bb title=\u00bbElectricity Market\u00bb tab_id=\u00bb1638371711446-ee07ce0c-538c\u00bb][vc_column_text]<\/p>\n<ul>\n<li style=\"text-align: left;\"><span class=\"outer\"><span class=\"inner\"><a href=\"https:\/\/mercadoernc.minenergia.cl\/?page_id=1360&amp;lang=en\" rel=\"noopener\">3. Operation of the Chilean electricity market<\/a><\/span><\/span><\/li>\n<li style=\"text-align: left;\"><span class=\"outer\"><span class=\"inner\"><a href=\"https:\/\/mercadoernc.minenergia.cl\/?page_id=1361&amp;lang=en\" rel=\"noopener\">3.1. Economic fundamentals<\/a><\/span><\/span><\/li>\n<li style=\"text-align: left;\"><span class=\"outer\"><span class=\"inner\"><a href=\"https:\/\/mercadoernc.minenergia.cl\/?page_id=1362&amp;lang=en\" rel=\"noopener\">3.2. Model of the electricity market<\/a><\/span><\/span><\/li>\n<li style=\"text-align: left;\"><span class=\"outer\"><span class=\"inner\"><a href=\"https:\/\/mercadoernc.minenergia.cl\/?page_id=1363&amp;lang=en\" rel=\"noopener\">3.3. The spot market<\/a><\/span><\/span><\/li>\n<li style=\"text-align: left;\"><span class=\"outer\"><span class=\"inner\"><a href=\"https:\/\/mercadoernc.minenergia.cl\/?page_id=1364&amp;lang=en\" rel=\"noopener\">3.4. Contract market<\/a><\/span><\/span><\/li>\n<li style=\"text-align: left;\"><span class=\"outer\"><span class=\"inner\"><a href=\"https:\/\/mercadoernc.minenergia.cl\/?page_id=1365&amp;lang=en\" rel=\"noopener\">3.5. Adequacy and safety<\/a><\/span><\/span><\/li>\n<li style=\"text-align: left;\"><span class=\"outer\"><span class=\"inner\"><a href=\"https:\/\/mercadoernc.minenergia.cl\/?page_id=1366&amp;lang=en\" rel=\"noopener\">3.6. Law of Netbilling<\/a><\/span><\/span><\/li>\n<li style=\"text-align: left;\"><span class=\"outer\"><span class=\"inner\"><a href=\"https:\/\/mercadoernc.minenergia.cl\/?page_id=1367&amp;lang=en\" rel=\"noopener\">3.7. Import \/ Export of electricity<\/a><\/span><\/span><\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][\/vc_column][vc_column width=\u00bb3\/4&#8243;][vc_single_image image=\u00bb1949&#8243; img_size=\u00bbfull\u00bb alignment=\u00bbcenter\u00bb style=\u00bbvc_box_rounded\u00bb][vc_column_text]<\/p>\n<h1>3. Operation of the Chilean electricity market<\/h1>\n<p>This chapter describes from general aspects of the Chilean electricity market to more specific aspects. It starts with the economic fundamentals of the market, then presents the electric market model in Chile and the main markets to trade power: the spot market and the contract market. Subsequently, it describes the treatment given in Chile to the adequacy and safety of the system and how they are financed according to the current legislation. Next, it describes the operation of generation in the residential, commercial and small industries sector and, finally, the regulatory treatment that is currently given to the import and export of electric energy is presented.[\/vc_column_text][vc_row_inner][vc_column_inner width=\u00bb1\/2&#8243;][vc_btn title=\u00bbPrevious\u00bb color=\u00bbgreen\u00bb align=\u00bbleft\u00bb i_icon_fontawesome=\u00bbfa fa-chevron-left\u00bb add_icon=\u00bbtrue\u00bb link=\u00bburl:https%3A%2F%2Fmercadoernc.minenergia.cl%2F%3Fpage_id%3D1359%26lang%3Den|||\u00bb][\/vc_column_inner][vc_column_inner width=\u00bb1\/2&#8243;][vc_btn title=\u00bbNext\u00bb color=\u00bbgreen\u00bb align=\u00bbright\u00bb i_icon_fontawesome=\u00bbfa fa-chevron-right\u00bb add_icon=\u00bbtrue\u00bb link=\u00bburl:https%3A%2F%2Fmercadoernc.minenergia.cl%2F%3Fpage_id%3D1361%26lang%3Den|||\u00bb][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=\u00bb1\/4&#8243;][vc_tta_accordion active_section=\u00bb1&#8243; collapsible_all=\u00bbtrue\u00bb][vc_tta_section i_icon_fontawesome=\u00bbfa fa-plus\u00bb add_icon=\u00bbtrue\u00bb title=\u00bbElectricity Market\u00bb tab_id=\u00bb1638371711446-ee07ce0c-538c\u00bb][vc_column_text] 3. Operation of the Chilean electricity market 3.1. Economic fundamentals 3.2. Model of the electricity market 3.3. The spot market 3.4. Contract market 3.5. Adequacy and safety 3.6. Law of Netbilling 3.7. Import \/ Export of electricity [\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][\/vc_column][vc_column width=\u00bb3\/4&#8243;][vc_single_image image=\u00bb1949&#8243; img_size=\u00bbfull\u00bb alignment=\u00bbcenter\u00bb style=\u00bbvc_box_rounded\u00bb][vc_column_text] 3. Operation [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-1360","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/mercadoernc.minenergia.cl\/index.php?rest_route=\/wp\/v2\/pages\/1360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mercadoernc.minenergia.cl\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mercadoernc.minenergia.cl\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mercadoernc.minenergia.cl\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mercadoernc.minenergia.cl\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1360"}],"version-history":[{"count":4,"href":"https:\/\/mercadoernc.minenergia.cl\/index.php?rest_route=\/wp\/v2\/pages\/1360\/revisions"}],"predecessor-version":[{"id":4220,"href":"https:\/\/mercadoernc.minenergia.cl\/index.php?rest_route=\/wp\/v2\/pages\/1360\/revisions\/4220"}],"wp:attachment":[{"href":"https:\/\/mercadoernc.minenergia.cl\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}