en.Wedoany.com Reported - Chile's National Energy Commission has released preliminary terms for a 2026/01 electricity supply tender, seeking to procure 2,835 GWh (approximately 2.8 TWh) of electricity annually for regulated customers served by distribution companies in the northern and central regions. This Chilean power tender targets households and other electricity demand not yet covered by existing contracts, with winning generation companies signing 15-year power purchase agreements with distribution companies.

This round of the Chilean power tender is divided into two supply blocks. The first block plans to procure 1,575 GWh of electricity annually, with a supply period from January 1, 2029, to December 31, 2043; the second block plans to procure 1,260 GWh of electricity annually, with a supply period from January 1, 2030, to December 31, 2044. Both blocks are further subdivided by geographic area and 24-hour electricity consumption periods.

The tender rules allow participation from hydropower, conventional power sources, non-conventional renewable energy, and energy storage systems, and explicitly permit storage to serve as a supply support asset. According to the preliminary timeline, the Chilean power tender process will officially commence on July 1, 2026, with the bid submission deadline set for December 4, 2026. Economic offers are scheduled to be opened on January 5, 2027, and the public award ceremony is expected to take place on January 13, 2027. With the release of the 2.8 TWh annual procurement demand, the Chilean electricity market will generate new long-term contract opportunities.

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