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Brazil will hold 8 power generation tenders in 2021
Seetao 2020-12-29 11:01
  • The Brazilian Ministry of Energy plans to double Brazil’s renewable energy capacity by 2050, mostly from solar and wind energy
  • Brazil's electric power industry has an unusual development path and has achieved remarkable achievements-nearly 80% of Brazil's electricity demand is supplied by large hydropower stations
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The Ministry of Mines and Energy of Brazil stated on December 8, 2020 that Brazil will hold eight power generation bids in 2021.

According to a statement, four new energy projects will participate in the bidding: A-3 and A4 to be held in June, and A-5 and A-6 to be held in September. This number indicates the time frame for the start of power supply. For example, the winner of the A-3 bid has three years to start operations.

Eligible to participate in the A-3 and A-3 tenders are hydropower, wind power, photovoltaic solar power, and biomass power plants. In addition to municipal solid waste incineration projects, the A-5 and A-6 bidding projects will also accept combustion. Coal and natural gas projects.

For the existing energy auctions, the power regulator Aneel will hold the A-4 and A-5 auctions in June, and the A-1 and A-2 auctions in December. The first two plans were originally scheduled to be held in 2020, but they were postponed due to the COVID-19 crisis.

In 2022 and 2023, in addition to the A-1 and A-2 bidding in December, Brazil plans to hold A-4 and A-6 new energy auctions in April and September each year.

In 2020, Brazil has only one power generation tender, the A-1 held last week. The contract supply for the auction was 876 million kilowatt-hours at a price of 12.4 million reais ($2.43 million). Editor/Sang Xiaomei

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