Friday, November 21, 2014

Crowded Field for Next Round of Brazil's Energy Auctions.

PV projects totaling 4.8 GW to compete in Brazil's A-5 energy auction



21.11.2014: The number of preselected PV projects competing for capacity under Brazil’s upcoming A-5 energy auction has been cut from 224 projects to 179, according to a new document published by Brazil’s Energy Agency EPE, part of the Ministry of Mines and Energy. The remaining 179 projects have a combined capacity of 4,872 MW and will compete in the A-5 energy auction on Nov. 28, 2014. The PV projects will be competing against 577 wind power projects with a combined capacity of 14,155 MW, 25 small hydropower projects totaling 412 MW, 4 hydropower projects totaling 418 MW and 7 thermoelectric plus biomass projects totaling 9.2 GW. No solar thermal project made it through the second selection round. For this auction, Brazilian Electricity Regulatory Agency ANEEL set a maximum price of 126.0 BRL ($58.1) per MWh for all types of projects. Local media previously reported that the head of EPE, Mauricio Tolmasquim, said that this starting price will be especially favorable for wind power projects and that PV projects are unlikely to be selected. Projects selected in the November auction must begin delivering power in 2016. In last December’s A-5 auction, 88 solar projects with a combined capacity of 2,020 MW competed against 539 wind power projects with a combined capacity of 13.2 GW, 34 hydropower projects totaling 1.6 GW, 7 solar thermal projects totaling 210 MW and 7 hybrid thermoelectric/biomass projects totaling 3.9 GW. In the end, however, only wind, hydroelectric and biomass power projects were awarded PPAs. The winning bids consisted of 2,337.6 MW of wind projects, 161.8 MW of biomass projects and 1,007.7 MW of hydroelectric projects. © PHOTON

http://www.epe.gov.br

http://www.epe.gov.br/leiloes/Documents/Leil%C3%B5es%202014/INFORME%20
%C3%80%20IMPRENSA%20Leil%C3%A3o%20A-5%202014.pdf

 

 

Monty Bannerman

ArcStar Energy

+1-646-402-5076

www.arcstarenergy.com

 

No comments: