Behavioral analysis of Central American power market during pandemics and natural disasters

This chapter presents the behavior analysis of the regional electric market (REM) of Central America between 2019 and 2020. Its objective is to assess the impact of the pandemics and natural disasters that occurred in this period on the dealings of the REM. The results were obtained through the statistical analysis of a database the regional operating entity provided. The first part of the study focuses on the injections and withdrawals from the regional transmission network. The second part of the study deals with the foregoing average price in different link nodes and regions throughout the market. In summary, the dealings in the regional electric market fell by 8.2%. The average price fell by 43.9%. Most countries in the market maintained their position as buyers or sellers but in smaller quantities. The contract market became smaller, and the opportunity market grew, both with reference to 2019.