Installation of solar panels records an 11% drop in cost in the third quarter, making solar energy more accessible. Large companies invest in sustainable energy. Equatorial, EDP and Engie make moves in the electrical sector.ONS of fuels will not interfere with prices, says ICL.

The cost of installing painéis solares recorded an 11% drop in the third quarter, a result of the decrease in the value of the dollar and international shipping. This reduction represents a significant advance for the solar energy industry, making the adoption of this energy source more accessible and attractive for consumers and companies.

In other relevant news, Acelen plans to build a solar power plant photovoltaic system of 161 MWp to meet the Mataripe Refinery, located in Bahia. This project demonstrates the growing interest of large companies in investing in sustainable energy sources, helping to reduce dependence on fossil fuels and minimize environmental impacts.

In the field of mergers and acquisitions in the electricity sector, the Equatorial and EDP announced the sale of transmission lines, while Engie acquired solar farms. These movements reflect the dynamism and innovation of the energy market, driving the development of infrastructure for the generation and distribution of clean and renewable energy.

fuel ONS will not interfere with prices, says ICL

After meeting at Ministry of Mines and Energy, the general director of the Institute of Liquid Fuels (ICL) stated that the National Fuel System Operator (ONS) will not interfere in prices. This measure aims to maintain the stability and balance in the market of fuels in the country, ensuring transparency and justice for consumers and companies in the sector.

In another scenario, the market for oil there was a decline due to the appreciation of the dollar and American interest rates. This situation directly impacts fuel prices, influencing the market as a whole.

Finally, Petrobras announced a 2,1% reduction in average price of QAV for the month of November. Aviation fuel accumulated a drop of 14,5% throughout the year, reflecting the fluctuations and adjustments in the energy market.

For those interested in investing in solar energy, the average price for installing painéis solares in homes in Brazil was R$3,17 per watt-peak (Wp) in the third quarter of 2023, representing an 11% drop compared to the previous quarter, according to data collected by Solfácil. This cost reduction may encourage more consumers to adopt the solar energy as an alternative source of energy in their homes.

According to the research, the decrease in prices of painéis solares was influenced by the fall of the dollar compared to the real and the lower cost of international transport, which affected the transport of these panels. The Southeast region was the one that showed the biggest reduction, with 13% in the period analyzed. The most affordable projects in this region were identified in Espírito Santo, with a cost of R$2,90 per Wp. Acre recorded the lowest average cost of R$2,89 per Wp.

Acelen plans to implement a 161 MWp solar photovoltaic plant in the municipality of João Dourado, in Bahia, by 2025. This project will be developed in partnership with the investment fund Perfin and the company Illian, from the Electra Group, and will be linked to Mataripe Refinery. The company also signed a long-term contract to purchase self-production energy, including carbon credits resulting from the operation of the solar power plant.

Petrobras has plans to install a solar power plant photovoltaic plant with a capacity of 11 MW at the Gabriel Passos Refinery, located in Betim, Minas Gerais. This initiative is part of the company's efforts to diversify its energy sources and seek more sustainable alternatives to meet its electricity needs.

Sale of Integração Transmissora de Energia SA to the Canadian fund CDPQ

A Equatorial announced the sale of Integração Transmissora de Energia SA (Intesa) for R$396 million to the Canadian fund CDPQ, totaling an agreement of R$714 million, including the company's debt. Intesa is responsible for 695 kilometers of transmission lines in the states of Tocantins and Goiás, contributing to the expansion of the electricity sector in Brazil.

A EDP sold two transmission lines for R$2,7 billion to Edify Empreendimentos, a fund controlled by Actis, as part of its asset rotation strategy. The company remains interested in participating in the next auctions in the sector. Meanwhile, the Engie Brasil Energia acquired five solar parks from Atlas Brasil Energia Holding, in a transaction worth R$3,24 billion. The acquired assets are located in Bahia, Ceará and Minas Gerais, and have a total power of 545 MW.

After the meeting at the MME, the president of the Legal Fuel Institute (ICL), Emerson Kapaz, clarified that the creation of the National Fuel Distribution System Operator will not have an impact on price control.

Kapaz highlighted that there were concerns about possible interventions in fuel prices, as it is a free market. However, it became clear that this is not the objective of the MME, as stated in the note.

The proposal to create a new entity will be included in a bill, according to a statement made by Alexandre Silveira recently. The objective is to implement a monitoring system to combat tax fraud and adulteration, as advocated by the ICL.

quotation of oil Brent falls due to dollar appreciation and Federal Reserve decision

The prices of oil type Brent fell after the strengthening of the dollar and the maintenance of the basic interest rate by the Federal Reserve (Fed). The price closed down approximately 1%, reaching US$84,63, and is trading above US$85 this Thursday (2).

In the third quarter of 2023, Shell achieved an adjusted profit of US$6,22 billion, representing an increase of 23% compared to the previous quarter. Additionally, the company plans to undertake a $3,5 billion share repurchase program after the close of the fourth quarter, according to Dow Jones.

In September, Brazil reached record oil and gas production, reaching 4,666 million barrels of oil equivalent per day (boe/d), according to an ANP report. This number represents an increase of 6% compared to August. Check out the 10 platforms oil with the highest production in the country.

Petrobras made a 2,1% reduction in average price of QAV for the month of November. This aviation fuel already has an accumulated drop of 14,5% throughout the year, according to information from Reuters. Despite falling by more than 30%, the price rose again due to the increase in oil mid-year.

In turn, JBS plans to test the use of 100% biodiesel (B100) in its own fleet of trucks. The company intends to carry out these tests on three vehicles from the Dutch automaker DAF, using biofuel produced in the city of Lins (SP), as reported by Reuters.

The Portuguese government has started the process of receiving proposals from companies interested in participating in the auction offshore wind energy, which aims to install 2 GW of wind energy offshore and auction 10 GW by 2030, as established in the National Energy and Climate Plan. Europe is reviewing its rules to boost and accelerate offshore wind projects.

Source: EPBR Agency