Renewable Energy

Brazil schedules 2015 RE auction

Brazil has set the date for its first renewable power auction of 2015 as 10 April, with wind, biomass and waste-to-energy projects eligible.

Recharge
21/10/2014 11:33
Visualizações: 1726 (0) (0) (0) (0)

The wind projects will compete for 20-year power purchase agreements (PPAs) starting on 1 July 2017, the country's Mines and Energy Ministry said in a statement.

 

According to the rules, projects short-listed for the 2014 reserve auction but unsuccessful in the 31 October tender can be fast-tracked to the April process,

 

The government will only approve wind power projects that can guarantee connection to the grid.

 

There is no place for solar projects in today's announcement.

 

The last time that Brazil held a power auction dedicated only to renewable sources was in 2010, when 1.5GW of wind power was contracted.

 

Brazilian developers have an estimated 20GW of projects ready for auctions according to estimates from the Brazilian Wind Power Association (ABEEólica).

 

For the 2014 reserve auction, 626 wind power projects have been registered with a combined capacity of 15.4GW.

 

Brazil is expected to contract about 2GW of new wind power plants each year.

Most Read Today
see see
OTC Brasil 2025
O&G exploration is key to social development and a just ...
28/10/25
OTC Brasil 2025
Experts warn regulatory instability threatens US$100 bil...
28/10/25
International Company News
Sercel Awarded Major Contract by ONGC to Supply Sercel 5...
28/10/25
Record
Petrobras announces production record of FPSO Almirante ...
28/10/25
OTC Brasil 2025
Event brings together global offshore industry leaders a...
28/10/25
OTC Brasil 2025
Petrobras participates in OTC Brasil 2025, in Rio de Janeiro
28/10/25
Petrobras
Petrobras produced 3.14 million barrels of oil equivalen...
27/10/25
FIRJAN
By 2035+, Rio de Janeiro State’s Energy Potential Could ...
23/10/25
Pre-Salt
PPSA to auction in December the first share of governmen...
23/10/25
Auction
Petrobras wins auction and leases RDJ07 terminal at the ...
23/10/25
Permanent Offer
Equinor acquires two new blocks in the Campos Basin duri...
23/10/25
OTC Brasil 2025
OTC Brasil 2025 Kicks Off in One Week with a Packed Prog...
22/10/25
Agreement
Wärtsilä Lifecycle agreement renewed to maintain safe, r...
22/10/25
Petrobras
Petrobras receives operating license for deepwater explo...
20/10/25
Equatorial Margin
License Grant for Drilling in the Equatorial Margin Is P...
20/10/25
Equatorial Margin
ABESPetro Statement on the Licensing of the Equatorial M...
20/10/25
Energy Transition
BNDES, Petrobras, and Finep select Valetec to manage the...
20/10/25
Pre-Salt
Petrobras and PPSA sign equalization agreement for Jubar...
20/10/25
WPC Energy Youth Forum
Kuwait to Host 8th WPC Energy Youth Forum in October 2025
20/10/25
Exports
Petrobras signs contract to sell six million barrels of ...
20/10/25
Petrobras
Petrobras puts the Harpia supercomputer into operation
10/10/25
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.