Chile solar auction sets new record low for solar PV

Region
Latin America and Caribbean
Country
Chile
Publication Year
Nov,2017
Keywords
solar

 

While tender schemes open up flexible and innovative design options (e.g. time blocks, storage components), the quality of the design and implementation is crucial to the success of competitive tenders. In Chile, an energy auction in November 2017 received the lowest price for solar in the region with 2.15 US cent/kWh after the tender process was amended in 2015 (Law 20,805) and a longer contract term (20 years) and different sized hourly blocks of energy supply (day, peak, night, 24 hours) were introduced. Read more.

Last Updated : Thu,2018-11-22