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Mexico launches call for 4th energy auction

Wind farm in Mexico. Author: Presidencia de la Rep├║blica Mexicana. License: Creative Commons, Attribution 2.0 Generic

March 16 (Renewables Now) - Mexico's Energy Regulatory Commission (CRE) and National Centre for Energy Control (CENACE) on Thursday published a call for the country's fourth long-term power auction, whose results will be announced on November 2. 

The previous three auctions were led by the Secretariat of Energy (SENER) but this role is now being taken over by the CRE, which will work with CENACE to execute the fourth tender.

CRE said that the initial version of the tender rules will be published on March 28. As in the previous tender, other qualifying electricity buyers will be able to participate alongside basic service providers. According to the guidelines, purchasing offers should be presented to CENACE by June 28 for basic service providers, and by July 12 for other entities.   

The long-term contracts with the winning projects are due to be signed on February 15, 2019. The standard commercial operation date will be January 1, 2021.  

CENACE's general director, Eduardo Meraz Ateca, stressed on the importance of the auctions as the government aims at 38 TWh of clean energy supply for 2021.

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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