Mexico announced preliminary results of energy auction
20.11.2017: The National Energy Control Center (CENACE) and the Mexico’s Department of Energy (SENER) announced preliminary results of the third long-term energy auction. According to the Mexican government, a total of 46 bids were submitted for 5.49 TWh, out of which 16 bids were preliminarily selected. According to Mercom Capital Group, a record low tariff of $0.0177 per kWh was quoted by Enel Green Power for supplying a total of 883,696 MWh of power annually across two projects representing a capacity of approximately 290 MW.
The recent bids represent a decline of nearly 35 percent, from the lowest bid quoted in Mexico's second energy auction conducted in October last year. Solar may account for around 55.35 percent of contracted power with 3 TWh and 58.31 percent of clean energy certificates. Overall, the auction could award contracts for 5.49 TWh and 5.95 million clean energy certificates, says CENACE.
The results and the official winning bids and ruling will be released by SENER and CENACE on November 22.
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
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