Belize Renewable Energy Auctions

In 2013, Belize issued an auction (RFPEG Belize 2013) with the purpose of securing supply to the national electricity system until 2028.

The auction included 60MW of firm capacity open to all technologies and 15MW of solar and/or wind generation capacity.
The auction had two phases:
-In the first phase, bids were ranked according to price (60 points), social and economic aspects (20 points) and bidder managerial, financial and technical competence (20%, minimum 15 points required).
-In the second phase, dispatch simulations were run to achieve a grid optimum in terms of cost and supply reliability.

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