Colombia - Power Market Development Project
The overall objective of Private Sector Energy Development Project is to support power sector reform by facilitating the operation of a competitive bulk supply market for electricity. Specifically, the project seeks to lift transmission constraints that hinder an open access of publicly as well as privately owned power generators to the grid and to support Interconexion Electrica SA (ISA) as transmission network operator, system generation dispatcher and commercial transactions coordinator. The project will be a key component of the comprehensive power sector restructuring that is being put in place with Bank assistance. The project consists of three components: 1) Energy control Center (ECC) and Financial Settlement Center (FSC); 2) strengthening and expansion of the interconnected transmission system; and 3) technical assistance.
Power Markets | Evaluates developing country experiences with design and operation of wholesale power markets and identifies the necessary preconditions for markets to function. To learn more, download the literature review, and look out for forthcoming power market cases for Colombia, India, Peru, and Philippines.
