Guatemala: Tender for Supply of 250 MW

65 companies submitted bids for power generation based on coal, bunker fuel and renewable sources at an average cost of between $112 MW / h and $117 MW / h.

Thursday, July 31, 2014

Starting now "... the technical teams of the Empresa Electrica de Guatemala, SA (EEGSA) Energuate will be evaluating the proposals for three weeks. "

"...The award is scheduled to be made by a virtual auction on August 26, meaning that contracts will take effect in May 2017. Participants are offering to produce energy from natural resources such as solar, wind, geothermal and biomass. Also with bunker fuel, coal and natural gas. "

S21.com.gt reports that "...Although the average values ​​offered are unknown, Tupper is optimistic about receiving competitive prices. It cited that in the PEG-1-2010, the average cost was $117 per megawatt / hour, while in PEG-2-2012 it was $112 per megawatt. "

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Guatemala to Reduce Electricity Costs

September 2014

The state run power company estimated that starting May 2015 the cost of electricity will go down from $165 to $109 MW/h, as a result of its energy diversification.

The entry into force of contracts which were awarded in tender processes using the method of successive rounds will create a reduction of up to $56 MW / h, according to Jorge Alonso, manager of Empresa Eléctrica de Guatemala (EEGSA).

Guatemala awards 250 MW energy contracts

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Using an auction mechanism consisting of successive rounds contracts were awarded to 21 power plants for energy supply at an average price of $109.38 per MW.

Dimas Carranza, coordinator of the Tender Board, told Prensalibre.com that the average price of $109.38 per MW "... refers to the amount projected for 2018, when contracts must be operational ... those prices equate to $97.74 at 2013 prices."

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By 2026, the country will generate 78% of its energy from renewable sources.

The changes proposed to the Generation System Expansion Plan 2012-2026 have already been approved by the Ministry of Energy and Mines (MEM).

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Nicaragua Covers 48% of Demand with Renewable Energy

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Nicaragua managed to cover 48% of the population’s domestic demand with renewable energy, producing 219.8 MW.

A press release by ProNicaragua reads:

Nicaragua managed to cover 48 percent of the national demand from the population with renewable energy, producing 219.8 megawatts of power from wind farms, hydroelectric, biomass and geothermal stations, according to data provided by the Ministry of Energy and the National Center for Cargo Dispatch.

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