Friday, March 3, 2017

Mexico: Third Auction for Power, Capacity and Clean Energy Certificates is Next Month

Mexico to launch 3rd energy tender in April (Renewables Now)

Mexico is expected to announce on April 28 the start of its third auction for power, capacity and clean energy certificates (CEL).

The process is to be completed by mid-October, Eduardo Meraz Ateca said at a ceremony dedicated to the signing of contracts with winners in the second energy auction.

Enel Green Power, Engie and Fotowatio are in the list of winners in the second auction, the results of which were announced in September. Between the first and second auctions after the following the energy reform in Mexico, both held in 2016, the average prices dropped by 30% amid high competition.

At the Tuesday event, Energy Secretary Pedro Joaquin Coldwell said that 34 companies will pour USD 6.6 billion (EUR 6.2bn) into 52 green power projects in Mexico by 2019.

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