Country:El Salvador
Year:2017
Policy status:In Force
Jurisdiction:National
Date Effective:2017
Policy Type:Economic Instruments>Market-based instruments
Renewable Energy Policy Targets:Solar, Wind
Policy Sector:Electricity
Size of Plant Targeted:Small and Large
Agency:DELSUR
URL:http://www.delsur.com.sv/99-noticias/652-noticias-licitacion170mw-press
URL:http://www.delsur.com.sv/licitacion170mw
Renewable Energy Description:

In October 2016 DELSUR opened a renewable energy auction for procurement of 170 MW capacity. Auction was oversubscribed receiving 29 bids from 19 companies for a total capacity of 1.04 GW renewable projects. Results of the auction were announced on 25th of January 2017. Contracts were signed with winning projects between January and March 2017 for period of 20 years.

Summary of the auction results:

Technology

Cumulative bids received (MW)

Capacity awarded

Number of projects awarded

Average price (USD/MWh)

Min price (USD/MWh)

Max price (USD/MWh)

Solar PV

940

119.9

4

55.33

49.55

67.24

Wind

150

50

1

98.78

-

-

 

Last modified: Mon, 28 Aug 2017 15:55:48 CEST