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Chile's energy commission, CNE, will launch a new electricity auction later this month to ensure the country's electricity distributors receive up to 5,250 GWh of electricity
per year for residential and SME customers by 2027.
Just before the New Year's Eve, the CNE published the preliminary terms and conditions
of the tender.
The tender will provide domestic and international power producers, including renewable energy producers, with the opportunity to enter into 15-year power purchase agreements with
qualified distributors.
CNE said the contracted power supply will operate
between January 1, 2027 and December 31, 2041.
Depending on the auction schedule, expressions of
interest can be submitted until June 17, 2022.
If the process ends with the first round, the results
will be announced on July 4.
If not, the event will move on to the second round, scheduled for
July 6.
In Chile's 2021 electricity auction, only renewable energy companies managed to sign 15-year PPAs
with distributors.
The five successful bidders submitted an average of $23.
78 (€20.
94) per MWh, 27%
lower than the price in the 2017 tender.
Chile's energy commission, CNE, will launch a new electricity auction later this month to ensure the country's electricity distributors receive up to 5,250 GWh of electricity
per year for residential and SME customers by 2027.
Just before the New Year's Eve, the CNE published the preliminary terms and conditions
of the tender.
The tender will provide domestic and international power producers, including renewable energy producers, with the opportunity to enter into 15-year power purchase agreements with
qualified distributors.
CNE said the contracted power supply will operate
between January 1, 2027 and December 31, 2041.
Depending on the auction schedule, expressions of
interest can be submitted until June 17, 2022.
If the process ends with the first round, the results
will be announced on July 4.
If not, the event will move on to the second round, scheduled for
July 6.
In Chile's 2021 electricity auction, only renewable energy companies managed to sign 15-year PPAs
with distributors.
The five successful bidders submitted an average of $23.
78 (€20.
94) per MWh, 27%
lower than the price in the 2017 tender.
