INTIEAEl Salvador · El Salvador renewable energy auction 2017PolicyIn force

El Salvador renewable energy auction 2017

In October 2016 DELSUR opened a renewable energy auction for procurement of 170 MW capacity. Auction was oversubscribed receiving 29 bids from 19 companies for a total capacity of 1.04 GW renewable projects. Results of the auction were announced on 25 th of January 2017.…

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Country / jurisdiction: El Salvador · Year: 2017 · Status: In force · Level: National · Type: Voluntary

In October 2016 DELSUR opened a renewable energy auction for procurement of 170 MW capacity. Auction was oversubscribed receiving 29 bids from 19 companies for a total capacity of 1.04 GW renewable projects. Results of the auction were announced on 25 th of January 2017. Contracts were signed with winning projects between January and March 2017 for period of 20 years.

Summary of the auction results:

Technology

Cumulative bids received (MW)

Capacity awarded

Number of projects awarded

Average price (USD/MWh)

Min price (USD/MWh)

Max price (USD/MWh)

Solar PV

940

119.9

55.33

49.55

67.24

Wind

150

50

98.78

Official source: http://www.delsur.com.sv/99-noticias/652-noticias-licitacion170mw-press

Source

https://www.iea.org/policies/6389

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