Guatemala: Energy Prices in Tender Lowered

In a second round of bidding for the period 2015/2017 the bidders had lower prices, but the government believes these can be further reduced.

Wednesday, March 26, 2014

The same 14 generators who took part in the first round had sales prices ranging from $0.50 to $10.

"Dimas Carranza, Member of the Tender Board of the distributor Energuate, said they hope that with these new offers they will manage to reduce rates for users."

"This tender requires 355 megawatts (MW) to cover the period from May 1, 2014 to April 30, 2015, and 205 MW for the seasonal periods of 2015 to 2017."

"According to Edwin Rodas, Deputy Minister of Energy, the prices of these new offerings are still high. The bids do not yet reflect the energy supply that the country has" he said.

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Contracts Awarded for 210 MW of Power

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In Guatemala six bidders were selected in the tender for 210 MW of power and energy for the period between May 2015 and April 2016.

The companies chosesn were Central Generadora Santa Lucía, Ingenio La Unión, Compañía Agrícola Industrial Santa Ana, Duke Energy Guatemala, Biomass Energy and Ingenio Magdalena.

Guatemala: Tender for 180 MW of Power

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Due to delays in some of the projects where contracts had been signed to supply power starting from May 2015, Energuate will be receiving bids in March in order to replace part of that supply.

Bids will be received in late March and in the adjudication of these 180 MW of power the lowest price offerings will be favored.

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."

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.

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