- Press Releases
May 19 (Renewables Now) - Brazil's power sector regulator Aneel approved on Tuesday the price ceilings for the power generation auctions scheduled for June 25, 2021.
Dubbed A-3 and A-4, the tenders will contract power from wind, solar, hydro and biomass-based thermal plants. The highest maximum bidding price is set at BRL 292 (USD 55.5/EUR 45.4) per MWh.
In all, the country has registered 66,862 MW of projects that want to participate in the bidding process. More details are available in the table below.
|Source||Registered capacity||MWh price cap in BRL|
The government will negotiate contracts for specific volumes of electricity, awarding power purchase agreements (PPA) with a 30-year period for hydro, 25-years for biomass sources and 20-year for wind and solar sources. Power supply is set to commence on January 1, 2024, for A-3 and January 1, 2025, for A-4 winners.
(BRL 1.0 = USD 0.190/EUR 0.156)