Energy
Field notes
What happened in energy procurement, what the rules say and what it means for a bidder.
Capacity and flexibility · Programme
PJM’s capacity auction: a battery’s shortfall charges can exceed its capacity paymentsWhat a battery takes on when it clears PJM’s capacity auction: emergency delivery, charges set by Net CONE, the yearly stop-loss and late-build charges.
Renewables · Programme
IJmuiden Ver Gamma: the Netherlands changed the price, not the cost of being lateIJmuiden Ver Gamma adds a subsidy route but keeps a EUR 100 million guarantee, forfeited in EUR 10 million steps if the wind farm reaches full power late.
Battery storage · Field note
Australia’s CIS Tender 10: the revenue floor you bid is the one you signCIS Tender 10 bidders set unindexed floors, ceilings and caps for up to 15 years; without Financial Close the contract ends, with up to AUD 4,000,000 owed.
Renewables · Field note
Taiwan’s offshore wind R3.3: the NT$30 billion pledge that won full points also decides a licence yearTaiwan’s R3.3 offshore wind round: how local-procurement pledges were scored, rewarded with licence time if met and penalised beyond the security if not.
Grid and T&D · Field note
Vizag’s green hydrogen transmission tender: the charge waits for all eight elements, the guarantee does notVizag phase I: a flat annual charge, paid only once all eight elements are commissioned; the guarantee, delay damages and a CERC deadline come first.
Renewables · Field note
Great Britain’s Clean Industry Bonus in round 7: commitments before the auction, payments after the Start DateOffshore wind had to commit supply-chain money before bidding in CfD round 7; bonus and shortfall wait for the Start Date. What changed in round 8.
Capacity and flexibility · Field note
In the Irish and Northern Irish T-4 auction for 2029/30, ending a new-build award costs more the later it happensIn the all-island T-4 for 2029/2030 the offer, not qualification, bound new capacity; the charge on a terminated award rises in steps towards delivery.
Grid and T&D · Field note
In Peru’s Group 1 transmission bundle, the winner bid two projects a dollar under the caps and won all fourPeru ranked four transmission concessions on one sum: the winner bid two a dollar under the caps, and each contract’s tariff rests on its project’s bid.
Energy and transport · Explainer
Development-bank tenders: which bank pays can decide who may bidWhich development bank pays can decide who may bid: eligibility, local price margins, standstill and complaints at the World Bank, ADB, AfDB, EBRD and EIB.
Battery storage · Field note
NYSERDA’s standard bulk storage contract settles against a market index, not the battery’s own revenueNYSERDA’s first bulk storage round, eight projects and 950 MW: its standard contract settles both ways against a market index, on credits outages shrink.
Hydrogen · Field note
Australia’s Hydrogen Headstart Round 2: pricing an unindexed credit at the first stageHydrogen Headstart Round 2: a per-kg credit each applicant named, unindexed, for up to 10 years; the two-stage selection, bid bond and unclear budget.
Battery storage · Field note
Kenya’s mini-grid battery tender: a firm price for batteries its own documents size two waysREREC asked for a firm lump sum for seven Kenyan solar mini-grids, yet its specification and price schedules size the batteries differently at three sites.
Grid and T&D · Field note
In Zambia’s Nakonde–Kasama tender, losses are priced into the bid and enforced at the factory testZESCO’s 330 kV substation tender priced guaranteed losses into the bid comparison and set the same rates as penalties for losses over the guarantee.
Capacity and flexibility · Field note
Great Britain’s LDES cap and floor: winning an award does not fix what the floor is worthOfgem’s LDES cap and floor: why a window 1 award leaves the floor rate and availability target open, how support can be withdrawn, and what projects bid.
Battery storage · Field note
In SECI’s storage tenders, the subsidy needs its own guarantee tooSECI’s Kerala and Odisha battery tenders made the winner guarantee the viability gap funding too, besides bid and performance security: how much, how long.
Capacity and flexibility · Field note
One battery, three capacity markets: how much of it countsBritain, Belgium and Italy pay capacity prices on different shares of a battery; in Italy’s 2028 auction a new one counts for less than a contracted one.
Grid and T&D · Field note
Transformer lead times: when suppliers are chosen at the framework, the delay risk comes with each orderIn an IEA survey, large power transformers took up to four years to obtain. Why buyers choose suppliers at the framework, and where the delay risk lands.