Lifecycle
- Effective
- Last change
Country / jurisdiction: Uruguay · Year: 2011 · Status: In force · Level: National · Type: Voluntary
Given the below-expected prices obtained in the 2011 auction from the 159/2011 Decree, the Decree 424/2011 was set in order to allow developers who were unsuccessful with the 159/2011 decree to be awarded PPAs at USD 63.5/MWh for projects up to 50MW.
The project developers had to satisfy all requirements set by the Decree 159/2011 unless otherwise mentioned in 424/2011. The decree did not allot more than 50MW to any bidder.
Official source: http://archivo.presidencia.gub.uy/sci/decretos/2011/12/miem_475.pdf
Source
https://www.iea.org/policies/5274Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.