Energy

Brazil Allows Higher Prices for Thermal Projects in Next Auction

Brazil’s electricity regulator will allow developers of thermal power to sell energy at higher prices than wind, solar and hydropower plants at an auction next month.

Bloomberg News
27/08/2014 17:03
Visualizações: 1109 (0) (0) (0) (0)

Brazil’s electricity regulator will allow developers of thermal power to sell energy at higher prices than wind, solar and hydropower plants at an auction next month.

 

Developers of plants that burn coal, gas or biomass will have power prices capped below 197 reais ($87) a megawatt-hour at a Sept. 30 auction, Romeu Rufino, head of the agency known as Aneel, said today at a conference in Brasilia.

 

Wind and solar developers must bid below 137 reais a megawatt-hour and hydro must sell below 158 reais a megawatt-hour -- prices that Rufino said were too low. The government is trying to attract more power projects after an extended drought in Brazil has forced the nation to rely less on hydro facilities.

 

“For thermal plants, the price is attractive,” said Helena Chung, a Sao Paulo-based analyst for Bloomberg New Energy Finance.

 

The so-called A-5 energy auction has 225 projects with a combined 6,102 megawatts registered to participate. The auction is for power from new energy projects that start operating by January 2019.

 

Most Read Today
see see
ROG.e 2026
Camorim invests R$ 250 million in 2026 to expand fleet a...
18/09/26
ROG.e 2026
Firjan SENAI SESI Presents New Technologies at ROG.e Dev...
18/09/26
ADIPEC 2026
ADIPEC 2026 to mobilise investment in resilient, intelli...
18/09/26
Acquisition
CoreMarine takes a decisive step to expand its offshore ...
17/09/26
ROG.e 2026
M&O and Belga Marine to Showcase Global Energy and Offsh...
17/09/26
26th WPC
WPC ENERGY announces the theme, date and location for it...
16/09/26
New Contracts
Petrobras awards Strohm a contract to supply thermoplast...
15/09/26
ROG.e 2026
Equinor Celebrates 25 Years in Brazil and Showcases Its ...
15/09/26
ROG.e 2026
Sindicom to Host Lubricants Arena at ROG.e 2026
15/09/26
ROG.e 2026
ROG.e 2026 Expected to Generate R$ 593 Million for Rio d...
14/09/26
ABPIP
Independent Producers Propose Nine Measures for the Next...
14/09/26
Products and Services
RiverTough Bearings and Seals
05/09/26
International Company News
OES Group Returns to Private Ownership Following Managem...
31/08/26
Pre-Salt
Petrobras platforms P-80 and P-82, which will operate in...
31/08/26
Royalties
Values related to June production were distributed to st...
27/08/26
People
bp appoints Felipe Arbelaez head of country for Brazil
27/08/26
ROG.e 2026
ROG.e 2026 brings global leaders together to discuss the...
26/08/26
Pre-Salt
Búzios field sets monthly and daily natural gas export r...
26/08/26
Navalshore
Firjan SENAI presents the Supplier Opportunities Network...
17/08/26
Equatorial Margin
Morpho Well: Petrobras discovers hydrocarbons in ultra-d...
15/08/26
Power Generation
Campo Grande hosts four days of debates on bioenergy and...
12/08/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.