New Rules for Guatemala's Electricity Market
Distributing companies will have to purchase 4 years worth of energy supply, instead of the 2 years required today.
Wednesday, September 2, 2009
New regulations also modify timing considerations for bidding processes. Nowadays they must be done one month before contract expiration, but in the future they will be done earlier, to better prepare bidding terms.
Of the 600MW required, the National Electric Energy Commission has only awarded 421MW because the other bidders did not meet the maximum price established in the tender.
Tariffs have been published which set the value at which distribution companies can charge for electricity.
The National Energy Commission is evaluating a second round of bidding for short-term contracts (2014-2017) so that bidders can submit lower prices.
Guatemala's National Electrical Power Committee has announced an invitation to tender for the supply 800MW over a period of 15 years beginning in 2015.
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