We present a simulation analysis of the proposed Colombian firm energy market. The mainpurpose of the simulation is to assess the risk to suppliers of participation in the market. We alsoare able to consider variations in the market design, and assess the impact of alternative...

We present a simulation analysis of the proposed Colombian firm energy market. The main purpose of the simulation is to assess the risk to suppliers of participation in the market. We also are able to consider variations in the market design, and assess the impact of alternative auction...