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How is the wholesale electricity price formed in Guatemala and in which currency is it settled?

According to the cited documentsEnergy and water

Guatemala's injections into the MER (% of regional total)

37.43%

Jan 2022 to Mar 2025AMM

It is a cost-based market: the AMM dispatches hour by hour on declared Variable Generation Cost (CVG), and the spot price, the Energy Opportunity Price (POE), is set by the marginal unit. Alongside it run the term market (freely negotiated contracts), the opportunity market, capacity deviations, ancillary services (RRO, RRa, RF), the Regional Electricity Market (MER) and transactions with Mexico. Every wholesale market transaction settles in US$. Guatemala is a net exporter to the MER: between January 2022 and March 2025 its injections were 37.43% of the regional total and its withdrawals 10.62%.

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  • Wholesale market settlement currency

    US$

    In forceAMM
  • Guatemala's withdrawals from the MER (% of regional total)10.62%Jan 2022 to Mar 2025AMM
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Sources

  • AMM

    Mercado eléctrico de Guatemala: Oportunidades de inversión, 13 y 16

    • Guatemala's injections into the MER (% of regional total)
    • Guatemala's withdrawals from the MER (% of regional total)
    • Wholesale market settlement currency
    amm.org.gtAccessed Aug 19, 2026Go to the source