Brazil schedules 2 auctions for December 6

Sawdust. Author: Andreanna Moya Photography. License: Creative Commons, Attribution 2.0 Generic.

August 6 (Renewables Now) - Brazil's Ministry of Mines and Energy announced it will be holding two energy auctions on December 6, this time to contract energy from existing facilities.

Through a decree published recently in the Official Gazette, the government confirmed that the auctions are dubbed A-1 and A-2. The tenders will award power supply contracts with a term starting on January 1, 2020 and January 1, 2021, respectively.

Aside from biomass and natural gas, the government did not specify other energy sources. The energy will be negotiated in Brazil's regulated market in the forms of volume (A-1) and availability (A-2) of electricity.

Brazil will hold an energy auction on October 17 for 100,874 MW of already registered renewable energy projects.

More stories to explore
Share this story
About the author
Browse all articles from Lucas Morais

Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription