Image: Luis Gonzalez, Unsplash
From pv journal Latam
The National Energy Secretariat of Panama has launched an power public sale geared toward contracting energy for the 2025-30 interval.
The Panamanian authorities will maintain a procurement train earlier than December 10, which can enable electrical energy producers to compete in two classes: contracting energy and offering capability, with contracts lasting as much as 60 months. .
The power provide is scheduled to start out on March 1, 2025, with a particular implementation deadline. The public sale is open to renewable mills, together with hydroelectric, wind, photo voltaic, and biomass initiatives.
The secretariat mentioned that “the transfer seeks to keep away from the rise in the price of electrical energy which, till now, has been deferred for a number of semesters to melt their affect on customers.”
The National Secretary of Energy Juan Urriola acknowledged that the adjustment of the contracted quantity to match the precise demand ensures that solely the required power is obtained, which helps to guard customers from potential value will increase resulting from extra that buy.
In February 2024, Panama launched the primary long-term tender for renewable power in a decade. However, in July, the National Energy Secretariat suspended the tender, as a result of it failed to satisfy transparency requirements for traders or ship higher costs for Panamanians. This tender was first launched by the earlier administration for the acquisition of capability and energy.
The International Renewable Energy Agency (IRENA) says Panama could have put in about 570 MW of cumulative PV capability by the tip of 2023. The nation deployed about 70 MW of latest PV capability final 12 months .
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