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Chilean power distributors launched a call for eight long-term power supply contracts on the central SIC grid.
Bids are due December 1 for each of the 15-year blocks, according to a statement from transmission and distribution association Empresas Eléctricas.
The blocks vary in terms of required annual output and the times of day to which they correspond. These variations reflect a push to make power auctions accessible to non-conventional renewable energy (NCRE) generators, namely PV and wind farms.
Chile's national congress is currently reviewing a bill to overhaul the country's power auction rules.
Under the legislation, the state would administer the auctions instead of distributors. The auctions would include shorter and more flexible blocks to accommodate the intermittent and climate-dependent nature of NCRE generation.