The preliminary results of the second long-term electricity auction in Mexico show that solar could be the big winner in the contest.
Of the total amount of energy awarded on Thursday, more than half corresponded to PV projects. Currently 4.8 terawatt-hours of energy (54%) and 4.9 million Clean Energy Certificates (CEL) (53%) were provisionally awarded to PV projects.
In total, 9.3 terawatt-hours and 8.9 million CEL were awarded to solar, wind, geothermal and hydroelectric projects. Wind represented 43% of total energy awarded and 41% of CEL.
At the same time PV projects were winners in the capacity auction. 184 MW per year was awarded to PV projects in the capacity category, which represented 15% of the 1,187 MW that were awarded in this category. 72% of this category corresponded to combined cycle gas plants.
The median price for the combination of energy and CEL was around $33.47 per megawatt-hour. As for capacity, the median price was $32.36 per megawatt per year.
In a press release, Mexicos Secretary of Energy (SENER) says 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 price ceiling of $60 per megawatt-hour set by state utility CFE, the sole buyer of power.
Among the provisional winners are the following companies: Alten Renewable Energy Mexico, AT Solar, Bluemex Power, an Engie Solar Trompezón consortium, a Fotowatio consortium, OPDE and X-Elio Energy
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.