Aneel releases time and order for the negotiation of reserve auction products

Fonte: ANEEL

Yesterday (8/12), Aneel’s Special Bidding Commission published Relevant Communiqué no. 10, which establishes the times and order for negotiations of first auction products for contracting reserve energy projected for tomorrow (8/14), starting at 10am. The auction will negotiate contracts over the Internet for available biomass electric energy for a period of 15 years and with supply beginning in 2009 and 2010.

It will begin offering available energy for delivery starting 2009 (product 2009-ER15). Sales representatives who can participate in the auction must be connected to the system by 8:30am.

Electric energy from product 2010-ER15, with supply beginning in 2010, will be negotiated at least three hours after conclusion of negotiations for the first product. Sales representatives must be connected to the system one hour and 30 minutes after conclusion of energy negotiations with delivery projected for 2009.

In both cases, participating entrepreneurs will have access to venture data related to negotiated products one hour and a half in advance. At the conclusion of negotiations for each product, all information entered in the system during the auction will remain at the disposal of negotiation participants for more than one hour. After that period, only public data will remain available on the Electric Energy Commercialization Chamber web site (www.ccee.org.br).

Each lot of one average megawatt (MW) of energy will be disputed in rounds that will last ten minutes with one minute intervals.

The reserve energy auction will have the participation of 44 generation enterprises that deposited the financial or proposal guarantees stipulated in the public announcement. See the list here. The approved generating plants are located in Minas Gerais, São Paulo, Piauí, Goiás, Mato Grosso do Sul, Mato Grosso and Alagoas, and they will have total installed power of 2,921.40 megawatts (MW).

Reserve energy contracting will be formalized by signing the Reserve Energy Contract (REC) between the sellers and Electric Energy Commercialization Chamber (CCEE). Likewise, distributors, free and special consumers and self-producers (called reserve energy users) shall adhere to the Reserve Energy Use Contract (Conuer).

The auction for contracting reserve energy is determined in Law 10.848/2004, in Decree no. 6353/2008 and in MME Administrative Rules 331/2007, 020/2008 and 069/2008, and governed by Auction Public Announcement no. 01/2008-ANEEL.