| Work Detail |
The so-called Power Generation System Expansion Plan proposes that distributors EEGSA – EPM Guatemala and Energuate contract up to 1,400 MW of guaranteed power to cover energy demand starting in 2030, with an estimated investment of up to $5 billion. The process is open to renewable technology projects and low-emission non-renewable sources. The Ministry of Energy and Mines and the National Electric Energy Commission (CNEE) have officially launched the Power Generation System Expansion Plan, better known as tender PEG-05-2025, which proposes the contracting of up to 1,400 MW of guaranteed power and associated energy, to be supplied starting in 2030 and for up to 15 years for new plants. At the event, which was also attended by Guatemalan President Bernardo Arévalo, it was explained that the estimated investment in generation and transmission ranges between $3 and $5 billion, making PEG-05-2025 and the also presented Transmission Expansion Plan (PET-3) the largest electrical infrastructure project in the Central American country. The contractual scheme includes Load Curve Difference Contracts, Power Purchase Option, and Generated Power, regulated under Commercial Coordination Standard No. 13 of the Wholesale Market Administrator (AMM). Projects with renewable resources (solar, wind, hydroelectric, geothermal) and low-emission non-renewable resources (primarily natural gas, ethanol, and propane) are eligible, with a focus on sustainability and emissions reduction. The bidding process will use an auction system to award contracts based on the lowest generation cost and its flexibility, considering two energy blocks: a base block for all hours of operation and a complementary block to cover peak demand. Furthermore, according to President Arévalo, the process is aligned with the national goal of achieving 80% renewable generation by 2030 and responds to the sustained growth in electricity demand, which has increased by nearly 3% annually in recent years. With the bidding process now open and informational meetings for interested parties, the PEG-05-2025 tender schedule includes the following main stages for this year: Until October 10: Deadline for participants to submit requests for clarification on the bidding documents. October 31: Deadline for issuing addenda that correct, clarify, or add value to the bidding documents. October 21, 2025: Reception and opening of technical bids from participants. For 2026, the milestones set are: January 15: Economic evaluation of the submitted bids. January 30: Awarding of contracts to the winning bidders. Up to three months after the award: Deadline for signing supply contracts between the successful bidders and the distributors. Additionally, the awarded projects may begin supplying energy on May 1, 2030, 2031, 2032, or 2033, depending on the development and award of each plant. Contracts will last up to 15 years for new plants and 5 years for existing plants. The tender documents for PEG-05-2025 are available for purchase on the website of the National Electric Energy Commission (CNEE) . The PET-3 tender includes an expansion of the transmission network, with an additional 508 km and a 6% increase in capacity, as well as tax incentives for clean energy and electric mobility. |
