Chile Opportunities – Energy And Desalination Tender

Chile's national energy commission CNE published the final bidding terms for a national electric power supply auction.

Generators have until October 11 to submit offers.

Companies whose bids exceed the ceiling price established by the CNE will be given a chance to modify their offers in a second phase, with the modified offers due on October 26.

Projects deemed admissible during the tender's initial phase will be awarded November 3, while second-phase projects will be awarded November 10.

The auction will include time of day-specific supply blocks to accommodate the intermittent nature of wind and solar parks, as well as quarterly supply blocks to optimize generation from energy sources – namely wind and hydropower – that are subject to seasonal variability.