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Mexico suspends upcoming auction for renewables

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Mexico suspends upcoming auction for renewables



The Mexican National Center for Energy Control (CENACE) has announced that the fourth long-term auction has been temporarily suspended, due to the changes in the management of CENACE itself, as well as in that of the Federal Electricity Commission.

Mexico’s National Center for Energy Control (CENACE) informed all of the interested parties, potential buyers and bidders, that the country’s upcoming auction for large-scale renewable energy projects has been temporarily suspended.

The CENACE said the suspension depend on the change of administration in the entities involved, which means, the country’s state-owned power utility Federal Electricity Commission (CFE), the Energy Secretariat (SENER) and the CENACE itself. This will provide the opportunity for the entities involved to review the objectives and scope of the auction process, while also strengthening the principles of maximum publicity and transparency, CENACE stated.

The changes in the management of both entities, of course, depend on the recent election of Mexico’s new president, Andrés Manuel López Obrador, who is commonly referred as AMLO. After his appointment, severel other energy auctions, as well as auctions to improve the grid were suspended. In all of his statements on the future of the energy sector, AMLO has always said his primary goal will be eliminating corruption.

The fourth long-term power auction, originally scheduled for November, had already been delayed to mid-December. At the time, Mexico’s Energy Regulatory Commission, CRE and the CENACE said the postponement was made in order to provide the auction with more visibility.

In the previous three auctions of the same kind, which were held between 2016 and 2017, around 6 GW of solar power was contracted. In the third auction, the world’s cheapest solar bid of US$20.57 per MWh was recorded.



Source PV Magazine

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