Mexico’s CENACE approves 81 offers in PPA auction

So far, CFE is the only participating offtaker in the country’s first-ever long-term energy auction.

Mexican national energy regulatory agency CENACE has announced approving 81 of 103 technical offers in the first long-term PPA auction since the country liberalised its energy market in 2013.

In total, the Mexican energy secretariat (SENER) reported in February receiving 468 technical bids from 103 parties comprising 830 MW of power, 102 million MWh of energy, and 109 million clean energy certificates (CEL). Participants seeking 15- to 20-year PPAs in the auction include EDF Energies Nouvelles Mexico, ENEL Green Power Mexico, Infrared Infrastructure and Sunpower Systems Mexico.

Proposed technologies include solar PV, wind, hydro, combined cycle, geothermal and cogeneration, SENER reported.

CENACE plans to enter into contracts by 12 May following financial offer submissions on 28 March and a 31 March scheduled announcement of winning bidders, according to government timelines. These contracts will be the first step toward creating a new wholesale electricity marketplace in the country. 

The auction is aimed at supporting Mexico's goal of 5 percent of its energy consumption through CELs by 2018, as per a Ministry of Energy mandate. 

The full list of approved offers, which was published on 22 March, can be found here