Ten companies submitted economic offers to develop the 500 megawatt Non-Conventional Renewable Energies (ERNC I) block, which will require an estimated investment of $875 million to be assumed by the private sector.
On Wednesday, January 11, 2023, the opening of the economic offers of the companies Consorcio San Jacinto, Intiyana, Ambi, Imbabura Solar, Dominion Urcuquí, Santa Rosa, Rosario, Esco As-Aroma, Yanahurco and Ñañapura, whose proposals add up to 511 MW.
The companies offered values lower than the reserve price, which were detailed according to their technology:
• Hydroelectric: $52.44/MWh
• Wind: $61.12/MWh
• Solar: $67.79/MWh
• Biomass: $45.59/MWh
Two months ago, the ten participating companies presented their offers for the development of fourteen projects focused on power generation.
This block contemplates projects of four technologies: photovoltaic, wind, hydroelectric and biomass, which can be located in different provinces of the country depending on the primary resource available, the environmental and logistical conditions of the site, in order to cover the growth in demand. electrical. With its implementation and based on the estimates of each offer, an annual average energy of 1,886 gigawatt hours (GWh) could be achieved.
The Vice Minister of Electricity, Enith Carrión, emphasized that “the Government, through this State portfolio, has developed a portfolio of projects focused on the development of non-conventional renewable energies, in which the attraction of investment and the active participation of the private company, under parameters of transparency and legal certainty”.
The structuring of the public selection process had the support of the international consultant Deloitte in the technical, legal and financial field, as part of a cooperation granted by the Department of State of the United States of America.
This process, which began on December 10, 2021, included the participation of 37 companies that acquired the participation rights and accessed the virtual data room created for this purpose. For next February 1, it is expected that the Technical Commission will socialize the act of results of the process and the award recommendation, in accordance with the established schedule.
The Ministry of Energy and Mines indicated in a statement that the Government promotes the development of transparent processes and with legal certainty, aimed at attracting private investment for the execution of projects for the generation, distribution and transmission of electrical energy, to guarantee a continuous supply, safe and reliable for all Ecuadorians. (YO)
Source: Eluniverso
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