Analysis: Mixed signals from Mexican auction

Windpower Monthly

Mexico's first ever power auction packed many surprises for the wind industry, both positive and negative.

The 15-year power purchase agreements (PPAs) — finalised 30 March but yet to be signed and sealed — will be with state utility Comision Federal de Energia (CFE) for power to be delivered from 2018.

The auction organised by Mexico's energy secretariat Sener highlighted renewables' competitiveness. Combined solar and wind prices averaged $47.78/MWh, the lowest achieved in any major wind market according to Mexican wind association Amdee.

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