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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
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Legal Basis (in spanish)
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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



The “Contingency Mechanisms” are market instruments, which aim to facilitate the coverage of demand in scarcity periods and the compliance of the OEF of the generators (See Figure 4. Contingency Mechanisms).


Figure 4. Contingency Mechanisms



> See Chapter VII of the CREG Resolution 071 of 2006