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Brazil Schedules 2 Energy Auctions for December 6

Written by Paulo Nogueira

Published on 06/08/2019 at 07:25

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The Brazilian Ministry of Mines and Energy Announced That It Will Hold Two Energy Auctions on December 6, This Time to Contract Energy from Existing Facilities.

The government confirmed that the energy auctions, dubbed A-1 and A-2, are confirmed through a decree recently published in the Official Gazette of the Union. The bids will award energy supply contracts with a term starting from January 1, 2020 and January 1, 2021, respectively.

In addition to biomass and natural gas, the government did not specify other energy sources. The energy will be traded 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.

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

Brazil Schedules 2 Energy Auctions for December 6

The Brazilian Ministry of Mines and Energy Announced That It Will Hold Two Energy Auctions on December 6, This Time to Contract Energy from Existing Facilities.

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