Acciona Energía and Reolum win the biomass auction

Madrid. October 26, 2022. Acciona Energía and Reolum have emerged as the big winners of the third biomass auction, with 50 and 46 megawatts of the 140 offered, respectively.

October 25, 2022- Acciona Energía and Reolum have been declared the big winners of the third biomass auction, with an award of 50 and 46 megawatts of the 140 offered respectively, while according to information elEconomista.esThe 220 MW solar thermal power quota has been vacated due to the cut-off price set by the Ministry for Ecological Transition and the Demographic Challenge. This price would be around €109-110 per megawatt hour.

In the case of biomass, The two winning projects have achieved prices of 101 euros/MWh and 106.25 euros/MWh, Something they celebrate, according to sources close to the companies. "It's the best price for biomass right now," they add.

On this occasion, 520 MW of renewable energy have been auctioned for solar thermal, biomass, and distributed photovoltaic energy, divided into two blocks: one of 380 MW for other sources, with reserves of 220 MW for solar thermal power, 140 MW for biomass and 20 MW for other technologies and another 140 MW for distributed photovoltaics, for installations of less than 5 MW on a local basis.

As in the previous two auctions, the winning companies will be required to submit a strategic plan with estimates of the impact on local employment and the industrial value chain. Furthermore, in this call for proposals, The possibility of preventing successful facilities from accessing future auctions has been introduced., to discourage the waiver of the regime granted in this auction in order to attend a subsequent auction.

Price to pay

In these auctions, developers bid on the price they are willing to charge for the energy generated by their plants, with some exposure to the market price. In this case, solar thermal power plants, biomass, biogas, or bioliquids, They will receive payment for 20 years and will have market exposure of 15%, due to their manageability; photovoltaic and other renewables They will receive it for 12 years and will have a lower exposure to the market, of 5%.

Photovoltaic installations They will have two years to be built from the award, while the solar thermal and biomass plants will have four and a half years.For the remaining technologies, the deadline will be four years.

The Miteco has already called A fourth auction will take place on November 22, offering 3,300 MW of new renewable capacity.In the two previous auctions held in January and October 2021, a total of 2,902 MW of photovoltaic technology and 3,256 MW of wind technology were allocated, at prices well below those recorded in the wholesale electricity market.

Original article on eleconomista.es

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