NEWS

Postponement of the supply bidding process for regulated energy customers

The National Energy Commission (CNE), through Exempt Resolution No. 560, approved the modification of the bases of the National and International Public Bidding for the supply of electricity to regulated customers.

The modification implies a postponement of the bidding process 2023/01, postponing the date for submitting proposals from December 2023 to April 2024.

Among the reasons for making the modifications to the bases, it is argued that the presentation of the discrepancy No. 52-2023 of November 13, which focuses on the residential generation projection used in the Final Report, filed before the Panel of Experts, could eventually imply a modification to the demand projection established in the Final Report, so the modification would provide certainty to potential bidders.

This change is in addition to the one made at the time of publishing the Final Report on Electricity Supply Bids 2023, last October, which adjusted the amount of energy to be auctioned, reducing from 5400GWh to 4800 GWh.

This postponement will also provide greater certainty regarding the energy transition bill currently being processed in the Senate, and the legal proposal announced by the Executive Branch that would implement a subsidy for electricity tariffs. It should be recalled that for the current bidding process some modifications were made, among which stand out the increase of the duration of the supply contracts to 20 years, the segmentation of the bidding into three zonal blocks, the possibility of transferring the systemic costs of the short term market, and incentives to storage and generation means with non-variable renewable energies.

With the modifications introduced, the new schedule is as follows:

 

Stage Date
Date of submission of proposals: April 09, 2024, between 10:00 a.m. and 1:00 p.m.
Date of Opening and Inspection of the Economic Offers

and opening of the Reserve Price and opening of the Reserve Price.

May 02, 2024, starting at 11:00 a.m.
Public Award Ceremony, in case of finalization of the award

completion of the First Stage awarding of Supply Blocks N°1 and N°2.

May 08, 2024
Public Award Ceremony, in case of finalization of the award

in completion of awarding in the Second Stage of Supply Block N°1 or N°2.

May 14, 2024

 

Should you require additional information on this matter, please contact Francisco López (flopez@jdf.cl)

Related posts

Javier Naranjo Invited to Colloquium at UCSC

In his capacity as former Minister of the Environment, our partner Javier Naranjo was invited by the Universidad Católica de la Santísima Concepción to speak at the colloquium "Sustainability at the University," which marked the launch of the

ESGHOY Meeting at JDF

We are very pleased to have hosted the second meeting of ESGBoard, an initiative created under ESGHOY that aims to foster deep discussions on corporate governance in Chile. The event featured

Energy Director Invited to meeting in Bolivia

Francisco López, the Director of Energy at JDF, was invited to La Paz, Bolivia, to participate in an expert colloquium where they analyzed the relations between the two countries and the existing forms of cooperation. At

Scroll al inicio