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ID:
098621
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2010.
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| Summary/Abstract |
The implementation of auctions of long-term electricity contracts is arising as an alternative to ensure generation investment and therefore achieve a reliable electricity supply. The aim is to reconcile generation adequacy with efficient energy purchase, correct risk allocation among investors and consumers, and the politico-economic environment of the country. In this paper, a generic proposal for a long-term electricity contracts approach is made, including practical design concepts for implementation. This proposal is empirically derived from the auctions implemented in Brazil and Chile during the last 6 years. The study is focused on practices and lessons which are especially useful for regulators and policy makers that want to facilitate the financing of new desirable power plants in risky environments and also efficiently allocate supply contracts among investors at competitive prices. Although this mechanism is generally seen as a significant improvement in market regulation, there are questions and concerns on auction performance that require careful design and which are identified in this paper. In addition, the experiences and proposal described can serve to derive further mechanisms in order to promote the entrance of particular generation technologies, e.g. renewables, in the developed world and therefore achieve a clean electricity supply.
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| 2 |
ID:
132917
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2014.
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| Summary/Abstract |
The Beagle Channel crisis (1977-1984) unfolded in a global political context. In other words, it was never solely a bilateral matter between Argentina and Chile, as many analyses have suggested. From the international arbitration to the participation of a third actor (the Vatican), the role of the United States, the Falklands war and the United Kingdom, the Beagle crisis had pronounced regional and international dimensions. Domestic structures and international conditions affected the Argentinian and Chilean foreign policies to different degrees. The Beagle crisis resolution has been explained by reference to the key role played by the Vatican. However, recently declassified US documents and interviews with key actors reveal a different story. International sanctions for human right violations were affecting both countries' leverage in the international community and creating internal political problems. This finding suggests that both countries were keen to use mediation as a strategy to remove human rights violations from the US agenda.
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