SE Guaranteed Buyer has determined the winner of this year’s second auction for the allocation of quotas to support the construction of renewable energy facilities (“green” auctions), which offered 11 MW of alternative energy sources other than solar and wind energy. According to the website of Guaranteed Buyer, the bidder with the lowest price offer of 11.1 euro cents per 1 kWh, who intends to sell a 900 kW hydropower facility (the maximum price is 12 euro cents/kWh), won the auction.
Earlier, Energoreforma reported that Waterstrum LLC with an offer of 900 kW at a price of 11.1 euro cents/kWh and Liga. Ltd. with an offer of 999 kW at a price of 11.9 euro cents/kWh. Both companies, one of whose activities is electricity production, are registered in Lviv region and intended to build hydropower facilities.
In this regard, Guaranteed Buyer clarified that, in accordance with the law, a mandatory condition for holding an auction is to ensure competition, and the amount of capacity for which its participants are entitled to support cannot exceed 80% of the total capacity offered by all participants. Thus, the total quota for distribution at this auction amounted to 1519.20 kW.
As Guaranteed Buyer explains, under the terms of the auction, the second participant has the right to accept the remaining part of the quota (approximately 600 kW of electricity) or to withdraw from the winner’s status without losing the bank guarantee, but not earlier than 30 business days from the date of the auction. As reported, the first-ever green auction of Guaranteed Buyer for the distribution of 11 MW of solar power plants on October 31 did not take place due to the lack of participants.
On November 14, a second auction was held for 11 MW of other types of RES (small hydropower plants, bioenergy), and a third auction is scheduled for November 29, the last one within the 110 MW of new RES capacity allocated for the year. The auction will include 88 MW of wind power.