Chile’s 2022 power auction announced

The Chilean Energy Commission (CNE) is set to launch a new power auction later this month. The auction will give domestic and international…
Chile’s 2022 power auction announced

Chile’s 2022 power auction announced

The Chilean Energy Commission (CNE) is set to launch a new power auction later this month. The auction will give domestic and international power producers, including renewable energy generators the chance to close 15-year PPAs with qualified distributors. One of the conditions of the auction will ensure that electricity distributors in the country secure up to 5,250 GWh per year for residential and SME customers as of 2027. There will also be an opportunity for power producers to bid with proposals for new plants.