Portuguese government confirms world record solar price of $0.01316/kWh

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The Portuguese government has revealed a few preliminary results of the 700 MW solar energy auction finalized on Tuesday.
Commenting on the preliminary results, Antonio Delgado Rigal, chief executive of energy forecasting service Aleasoft, said that the 15-year contracts awarded in the auction were the key to understanding the reason of such a low price.
“Notwithstanding, the low prices of this Portuguese auction should not have an impact on the price of the peninsular electrical market nor on the prices of bilateral PPAs over the long term.”However, €0.01114 / kWh is not the price of PV,” he concluded.

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