The preliminary results of Mexico's third long-term power auction saw an average price of $20.57 per MWh, including clean energy certificates, more than 38% lower than the last auction this month. Solar photovoltaic took up more than 55% of power supply contracts, compared to 44.65% of wind, while total capacity was 2,562 MW. This round also saw external buyers participate in tenders for the first time, as Iberdrola and Menkent went up against the state-owned Comision Federal de Electricidad, while Enel was among the provisional winners.
The preliminary results of Mexico's third long-term power auction saw an average price of $20.57 per MWh, including clean energy certificates, more than 38% lower than the last auction just over a year ago. Solar photovoltaic took up more than 55% of power supply contracts, compared to 44.65% of wind, while total capacity was 2,562 MW. This round also saw external buyers participate in tenders for the first time, as Iberdrola and Menkent went up against the state-owned Comision Federal de Electricidad, while Enel was among the provisional winners.