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Reliability Charge
What is Reliability Charge?
Firm Energy Obligation
Auction for the Allocation of the OEF
Firm Energy for the Reliability Charge
The Contingency Mechanisms
· Secondary Market for Firm energy
· Voluntary Disconnectable Demand
· Generation Assets of Last Resort
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Reconfiguration Auctions

Settlement
Guarantees
Legal Basis (in spanish)
Transition
Documents for Consultation (in spanish)
Colombia and its Electricity Sector in Figures

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This is an informative document and does not replace the regulation issued by the CREG.

The Contingency Mechanisms
Generation Assets of Last Resort



This mechanism involves generation assets that do not participate in the auction and in the MEM. In other words, these generation resources are utilized exclusively to cover totally or partially the OEF that has already been allocated to a generator.

The generator who foresees that it can not fulfill its OEF can contract or can install its own generation asset of last resort. The generation of these assets will be added to those of the other generation plants and units during the verification of the generator’s compliance with its OEF.