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Argentina calls tenders for 620 MW of combined renewables, storage

admin by admin
February 7, 2023
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Argentina calls tenders for 620 MW of combined renewables, storage
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Argentina’s authorities final week launched a renewable power public sale, RenMDI, in search of 620 MW from totally different applied sciences to diversify the nation’s energy combine and exchange pricey compelled technology, sometimes offered by thermal and hydroelectric crops.

The public sale is available in response to the decision for expressions of pursuits, or MDIs for his or her Spanish acronym, that the Argentine power secretariat issued in Might 2022 and which noticed it obtain 491 challenge proposals for a variety of renewables.

These proposals have been evaluated for his or her influence on the grid, costs and the power to displace thermal technology, with smaller scale tasks discovered to be an acceptable answer, the power secretariat mentioned.

The RenMDI public sale might be targeted on two objectives: changing compelled technology with 500 MW of biomass power, photo voltaic PV with or with out power storage and wind energy with storage, and diversifying the facility combine by incorporating 120 MW price of biomass, biogas from natural sources, biogas from landfill sources and small hydro.

Tasks within the 500-MW group can vary from 3 MW to twenty MW, and are restricted to 6 particular areas. Tasks within the second group, the facility combine diversification, may be between 0.5 MW and 20 MW and situated anyplace in Argentina.

The power secretariat set the ceiling costs as follows: USD 115 (EUR 107.02) per MWh for wind energy with storage, USD 146/MWh for biomass-based energy, USD 190/MWh for natural biogas, USD 160/MWh for landfill biogas and USD 130/MWh for small hydro.

The costs for photo voltaic with storage and photo voltaic with out storage are set based mostly on the area. The very best cap for photo voltaic with out storage is USD 105/MWh for tasks situated within the 4 provinces within the northeast (NEA) area. The bottom is USD 75/MWh for tasks in northwest (NOA) provinces. In between is the Buenos Aires area, the place the photo voltaic is capped at USD 90/MWh.

For solar-plus-storage, the very best cap is USD 142/MWh within the NEA area and the bottom is USD 102/MWh within the NOA area.

Chosen tasks from each teams might be entitled to 15-year energy buy agreements (PPAs) denominated in US {dollars}.

(USD 1.0 = EUR 0.931)

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