Adif High Speed puts out 1.6-billion-euro tender for green energy
Adif High Speed (AV) has called for bids for energy supply contracts with a combined value to 1.6 billion euros. The company is specifically looking for green energy or suppliers that can present a renewable Guarantee of Origin (GdO).
The contract period is April 2023 through December 2025 and is split up in 16 separate lots. The proposed contract model is somewhat of a novelty, as operators have a say in the price management strategy together with Adif AV.
In practical terms, that means that if an operators expects to consume 1,000 MWh on the high-speed network during a certain month, and if the futures market has a interesting price point, the operator can ask Adif AV to issue a so-called stop order in futures trading.
According to the infrastructure manager, this method offers greater flexibility that is better suited to a liberalised market. It has trialed this model in recent months, and was able to come to negotiated prices for 42 percent of the forecast consumption between November 2022 and March of next year.
Adif’s traction power demand is on the rise. It grew to 2,106 GWh last year and is expected to come out at 2,414 GWh this year, mainly due to an increase of traffic, which in turn follows the market liberalisation and the entry of new players.