Liberalization of Mexican Electricity Market: Various Modeling Approaches with Numerical Simulation Results

In this paper, we propose and analyze numerical experiments based upon the oligopolistic model of Mexican electricity market. Presently, the Mexican electricity market is presented by state regulated monopoly, so that a competition market is not yet established. Nevertheless, around 25% of the electricity is being produced by private firms. If they get the ability to offer it to the customers directly, we will find ourselves in oligopolistic-kind competition, various scenarios of which we will investigate in the paper, applying theoretical results previously obtained.