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Marco Vera warns that regulatory uncertainty is deterring new generation and calls for rescheduling the tender to preserve investor confidence and enable technology complementarity.
The national government is preparing to launch a clean energy tender in the coming weeks, to run in parallel with the reliability charge auction. Developers remain cautious due to the lack of clarity on capacity volumes and auction rules.
The Guatemalan electricity market opened the year with extreme volatility, swinging from USD 8 to USD 107/MWh in just four days, even as renewable energy was curtailed due to grid constraints. Industry leaders warn that inaction could prove costly.