Chile energy power tender results

The Chilean government unveiled the results of its latest power tender to supply 12,430 GWh to regulated customers starting in 2021. 

The average winning price was US$ 47,6 per megawatt hour (MWh). It is the lowest price since tenders started a decade ago. It is also 40% below the average price of US$ 79,3 reached in 2015 and 66% below the average price of US$130/MWh reached in 2013.

Following this tender, the government estimated energy bills will go down by 20% from 2021. 

The tender received 84 bids, adding up 85,000GWh a year, almost seven times more than the 12,430 GWh auctioned by…

 

http://www.cirecweek.com/ACERA

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