to-the-point: Brazil sets physical guarantees for Aug 21 energy auction
The Brazilian Ministry of Mines and Energy issued a decree setting the physical guarantee for thermal, wind and small hydroelectric plants (HPP) registered in the August 21 energy auction.
Each project has its own physical guarantee or guaranteed power output level but the calculations are made in the same manner. In the case of wind farms and small HPPs, the values are established using the values on the connection points of the plants. For the thermal plants, the values are determined according to the generators output.
The physical guarantees will expire after the auction if the projects do not register power purchase agreements (PPA) in the country regulated environment model.