RAE: Positive auction result for power plants



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As a first positive example, the sources of the Energy Regulatory Authority describe the result of auctions for renewable plants that took place last week

The same sources focus on two elements: First, in the formation of low green energy absorption values ​​up to 22, 7% below start-up prices and on the other hand, the need for investment coming soon, to implement units and operate sustainably, which will create the conditions to attract even greater investment interest in subsequent competitions

Referring to the fact that the power sold and auctioned was lower than the initial planning, they point out that the additional power will be absorbed in subsequent tenders

The tendering procedures involve the amount ("differential differential" ") that the units will receive for the energy that they generate in addition to the price they receive from their market share, (19659003) According to the terms of the notices of appeal of offers and the official results of the offers, the maximum prices and offers by category of investment are as follows:

1) For "small" photovoltaics ranging from 500 kilowatts to 1 megawatt, the price The maximum was 85 euros per megawatt while the offers submitted ranged from 80 € / MWh to 75.87 € / MWh and the weighted average was 78, 42 € / MWh. A total of 155 projects participated and 1527 tenders were submitted while the total power allocated was 53.48 megawatts

. 2) For "large" photovoltaic plants from 1 MW to 20 MW, the maximum price was 80 € / MWh. Offers ranged from € 62.97 / MWh to € 71 / MWh and the weighted average price was € 63.81 / MWh. 14 projects participated and the power allocated was 52.92 megawatts

3) For wind 3 – 50 MW or 6 – 50 MW for wind farms belonging to Energy Communities. The maximum price was € 90 / MWh, and bids ranged from € 68.18 / MWh to € 71.93 / MWh (average price € 69.53 / MWh). 14 projects participated and 170.92 megawatts were awarded

It was noted that the contracting authority was limited to the application of the competition clause set by RAE, which stipulated that the percentage of participation should be at least 75% higher than the power sold. 19659003] According to previous ministerial decisions, approximately 2,600 MW (1,000 megawatts in 2018 and 2019 plus 600 megawatts in 2020) will be auctioned with this process during the 2018-2020 triennium. These auctions are the tool to achieve the goals of increasing the penetration of renewable energy sources into the energy balance, while reducing the burden on consumers. The latest milestone set by the EU is that by 2030, 32% of the energy consumed comes from RES

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