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.

"...CNEE, the Electric Energy Authority, will approve the terms for the bidding processes, and will oversee them from invitation to the signature of the contracts", reported Sigloxxi.com.

More on this topic

Guatemala Awards Contracts for 421MW

November 2012

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.

The participants in the tender put forward offers for a total of 57 power plants, but only 40 met the tender requirements.

Guatemala: New Electricity Tariffs Approved

July 2011

Tariffs have been published which set the value at which distribution companies can charge for electricity.

The new rates for energy come into force on July 1, as stated in the tariff schedules published by the National Energy Commission (CNEE in Spanish).

The decision to set new standards for the rates was made because the value added distribution (VAD) had expired and needed renewal.

Guatemala: Search for Better Prices in Energy Tender

March 2014

The National Energy Commission is evaluating a second round of bidding for short-term contracts (2014-2017) so that bidders can submit lower prices.

In order for power generating companies to submit bids at lower prices than those offered in the tender a few days ago, the Energy Commission will review the proposals and if it is not satisfied with the prices it will hold a second round.

Guatemala Announces 800MW Energy Purchase

August 2010

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.

Participating generators' technical and economic offers must be received by 25 March 2011 and a decision is expected by 29 April.

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