Panama opens renewable energy tender

Photo of author

By LatAm Reports Editor

First long-term tender, exclusive for renewable energy to be held in Panama in the last 9 years, and one of the first in the region.

The Electric Transmission Company S.A. (ETESA) issued the statement of objections for the long-term tender for Firm Power and Energy, which is aimed at renewable generation plants.

This is the first long-term tender, exclusive for renewable energy to be held in Panama in the last 9 years, and one of the first in the Central American region to incorporate battery storage systems, to give more flexibility to the National Electricity System.

The firm power will be calculated as set out in the Commercial Rules of the Panama Wholesale Electricity Market.

In the Firm Power and Firm Power Renglón with Associate Energy, only hydroelectric renewable generators with firm power and/or backup of battery storage and renewable wind or solar generators with battery storage or solar can only be submitted offers.

This statement of objections can be purchased from the administrative offices, Monday to Friday, from 7:00 am to 11:30 am; and from 1:00 pm to 3:00 pm, located in the Plaza Sun Tower Mall, tower b piso 3.

Likewise, it has been announced that on 4 April this will be a clarifying meeting prior to the tendering ceremony, and the receipt of tenders will be on June 27, from 9:00 am to 10:00 am, in a place still to be defined.

ETESA points out that for the submission of proposals and consultation care, every proponent must have acquired the Pliego de Cargos . In addition, queries on this document can be directed to the e-mail address: comprasenergia2.etesa.com.pa

This tender guarantees, in the long term (20 years), the supply of electricity to users served by electricity distribution companies, through new or existing renewable power plants.

Through this initiative, Panama is aimed at stabilizing the fare with a downward trend for the final consumer and takes a big step towards the lower dependence on fossil fuels for energy generation.

“In addition to implementing its energy transition agenda, which represents a decisive step for our country to realize its global commitment to climate change from the energy sector,” the entity said.

Resolution No.MIPRE-2024-0001384 From 15 January 2024 recommended taking measures for the procurement of power and/or energy to ensure, in the long term, the supply of electricity demand for the final customers of electricity distribution companies.

The news that matters straight to your inbox

The measure involves improvements in electricity prices, creating green jobs, attracting new investments in infrastructure, reducing dependence on fossil fuels, taking care of the environment and contributing to economic revival, the Presidency of the Republic said in a statement.

This article has been translated from the original which first appeared in Panama America