INTIEAPanama · Renewable Energy AuctionsPolicyIn force

Renewable Energy Auctions

Energy auctions and renewable energy-specific auctions are a major policy instrument for the promotion of renewable energy in Panama.   Law 6 of 1997 established auctions as the procurement method for distribution companies. It also established a 5% price score premium on…

Last changed 9 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Panama · Year: 1997 · Status: In force · Level: National · Type: Voluntary

Energy auctions and renewable energy-specific auctions are a major policy instrument for the promotion of renewable energy in Panama.

Law 6 of 1997 established auctions as the procurement method for distribution companies. It also established a 5% price score premium on renewable energy sources bidding in auctions.

Law 42 of 2011 established priority for biomass projects in electricity auctions.

Law 44 of 2011 established wind auctions, providing 15-year PPAs. It limited wind power contracts to 5% of projected electricity consumption, which was later relaxed by Law 18 of 2013 to a “percentage determined according to criteria of energy policy, economy, competition and system security.” The first Panama wind power auction was held in 2011 (LPI-ETESA-05-11). Resolution 1520 of 2013 recommended the realization of a wind power-specific auction for 15-year PPAs for up to 7.5% of distribution companies’ demand, leading to Panama’s second wind-power auction in 2013 (LPI-ETESA 03-13).

Law 37 of 2013 established solar power auctions. Resolution 1579 of 2013 recommended the realization of a solar-specific auction for 20-year PPAs for up to 7.5% distribution companies’ demand. This led in Panama’s first solar auction in 2014 (LPI-ETESA 03-14).

Auction

Year

Type

Solar

Wind

Hydro

LPI ETESA 02-16

2016 (published)

Energy Short term

LPI-ETESA 03-14

2014

Solar long-term

LPI-ETESA-01-14

2014

Hydro long-term

LPI-ETESA 03-13

2013

Wind long-term

LPI-ETESA-02-13

2013

Hydro (no reservoir) long-term

LPI-ETESA-07-12

2013

Hydro (no reservoir) long-term

LPI-ETESA 04-12

2012

Energy Short term

LPI-ETESA-01-12

2012

Energy long-term

LPI-ETESA-05-11

2011

Wind long-term

Official source: http://www.etesa.com.pa/compras.php

Source

https://www.iea.org/policies/6323

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTEnergy Newsoilprice:oilprice-article-45841NewsIn force

Aluminium Gives Up Its War Premium, Copper Stays Elevated

LME Week 2026 kicked off in London on Monday, with industry leaders focused on the macroeconomic outlook for base metals, AI and energy transition demand, as well as critical mineral supply chain resilience. This year's discussions have come at a time when the London Metal Exchange is robustly healthy, recording a 16% year-on-year increase in average daily turnover from January through September. Standard Chartered's commodity analysts expect mixed results for base metals in the coming months. Prices will follow macroeconomic conditions (risk…

22 hours ago
INTEnergy Newsoilprice:oilprice-article-45840NewsIn force

Big Oil Eyes Record Profits but Keeps Spending in Check

Oil supermajors have been raking it in since the war in the Middle East began. They are now set to report another robust quarter, even as some jurisdictions where they operate plan to slap windfall taxes on them. The question now is what Big Oil will do with these profits. The answer: it probably won’t be a spending spree. They sure have the money for a spree. If the second quarter is any indication—and it is—oil and gas majors are having a really strong year. Out of all S&P 500 sectors, Energy booked annual growth of 128.2%…

23 hours ago
INTEnergy Newsoilprice:oilprice-article-45839NewsIn force

U.S. Energy Red Tape Gives China an Edge

Congress needs to pass the bipartisan bill on permitting reform to accelerate energy infrastructure buildout so that the United States can compete economically and industrially with China, say former economic policy and national security officials who have served six U.S. presidents. The Bipartisan American Affordability and Jobs Act of 2026 was introduced in the Senate at the end of September and is expected to be debated after the mid-term elections when Congress returns from the recess on November 9. The bill would reinforce statutory deadlines…

24 hours ago
INTEnergy Newsoilprice:oilprice-article-45835NewsIn force

S&P Global Warns Hormuz Energy Shock Could Become a Global Food Crisis

The world’s ongoing energy crisis is quickly turning into a global food security crisis. Ongoing conflict between some of the world’s most prominent economies on two major fronts – Russia’s war in Ukraine and the United States’ and Israel’s war in Iran – is creating geopolitical shockwaves through critical global trade routes and threatening some of humanity’s most essential commodities, from oil and gas to grain and fertilizer. A "multidirectional squeeze on world agriculture" is taking form,…

1 day ago
INTEnergy Newsoilprice:oilprice-article-45836NewsIn force

As BP Leaves the North Sea, These Independents Are Buying In

Back in July, UK oil and gas major BP Plc. (NYSE:BP) announced that it was putting its entire UK North Sea oil and gas business up for sale as part of a broader $20-billion portfolio overhaul, marking the end of a 60-year era as a leading player in Europe's largest oil basin. BP's North Sea operations produced about 117,000 barrels of oil equivalent per day in 2025 (roughly 5% of BP's total global output) and employed around 1,100 people. BP is hardly alone. Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) have sold their UK North Sea assets in recent…

1 day ago