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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.
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Source: Renewables Now
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