26 Sep '16, 10am

Mexico second power auction preliminary results reveal ‘highly competitive’ rates https://t.co/VSOgTc6VEY

The average price for renewables and the adjoining clean energy certificates (CEL) came in at US$33.47/MWh. Source: Flickr/Martin D The results of Mexico’s second long-term power auction, following a much awaited energy liberalisation , reveal ‘highly competitive’ rates, according to state power regulator and grid operator CENACE. The average price for renewables and the adjoining clean energy certificates (CEL) came in at US$33.47/MWh. Solar PV currently accounts for 54% of capacity to be sold and 53% of CEL; with wind coming in at 43% of capacity and 41% of CELs, respectively. In total, 8.9 million MWh and 9.3 million CEL was awarded across solar, wind, geothermal and hydroelectricity. Mexico’s Secretary of Energy (SENER) said the average price of clean energy in the auction is "among the lowest prices reached at the international level". This price is 44% lower than the...

Full article: http://www.pv-tech.org/news/mexico-second-power-auction-p...

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