Brazil power watch
Companhia Florestal do Brasil, a subsidiary of steelmaker CSN, acquired CEEE-G, the generation subsidiary of Rio Grande do Sul state firm CEEE, during an auction to privatize the firm on Friday.
The successful bid was 928mn reais (US$180mn), a premium of 10.9% over the reserve price of 836mn reais.
CEEE-G is responsible for 1,271MW of licensed power, about 13.3% of the total in the Rio Grande do Sul.
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Bahia state intends to publish a decree to regulate a policy to incentivize the use of solar energy in the region.
The measure is aimed at attracting new investments, generating more jobs and income, and opening up additional business opportunities in Bahia.
The proposal is to create a state program of incentives for PV solar technology, with special credit lines, dissemination of market information and cooperation agreements, geared toward research, tax and financial incentives.
It also foresees the creation of an agile, secure, attractive and competitive environment for investments in the photovoltaic value chain
Bahia currently has 487MW of PV installed solar power capacity and has already made more than 2.6bn reais in new investments in this area, serving about 69,400 consumer units in the state.
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The energy load of the Brazilian grid in June showed a dip of 0.4% year-on-year, reaching 66,447MWa (average megawatts), according to national grid operator ONS.
Compared with the previous month, there was a 0.7% decrease.
The factors contributing to the fall in the energy load include milder temperatures in the southeast/center-west and south subsystems, heavy rains in the northeast and the lower number of working days compared with June 2021.
ONS also pointed out that the industrial sector continued to produce a good performance in June, despite facing various challenges such as hikes in interest rates, supply chain bottlenecks and the war in Ukraine.
Despite the monthly drop, all regions of the country showed an increased energy load for the last 12 months. The rise was 3% in the north, 2% in the northeast, 1.8% in the south and 0.3% in the southeast/center-west.
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Power transmission companies Taesa and Isa Cteep have started operating the Paraguaçu power interconnection, which runs between Bahia and Minas Gerais states and is formed by the 338km, 500kV Poções III – Padre Paraíso 2 transmission line.
The investment made in the line was more than 680mn reais and the permitted annual revenue (RAP) is about 143mn reais.
The project is connected to the Aimorés transmission line, energized in May by the same consortium, and will have an important role in the distribution of renewable energy generated in the northeast, from solar and wind sources, to the southeast, which is the region with the highest energy consumption in Brazil. Together, the projects total 546km in length.
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The mines and energy ministry MME this week launched the mines and energy market initiative (IMME), which is aimed at discussing public policies to improve Brazil’s legal frameworks.
The intention is to reduce red tape, inefficiency and legal litigation, with measures that stimulate or improve the regulation and inspection of the energy and mining sectors, in addition to increasing productivity and private investment in the country.
The work will focus on the green hydrogen, biofuels, petroleum, natural gas, electric power and mining segments.
The presentations made by the MME secretaries can be seen here, in Portuguese.
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In partnership with Grupo Gera, telco Vivo is this week set to inaugurate two solar plants under the distributed generation model in the cities of Itabaiana and Lagarto, Sergipe state.
Together, they will produce 860MWh/year and supply 280 consumer units of the company in the region.
The initiative is part of Vivo's project to implement 85 plants using solar, water and biogas sources throughout Brazil, 33 of which are already in operation.
Some 13 plants are planned for the northeast, seven of which are already in operation, considering the new launches.
In the distributed generation model, the energy produced by the new plants will be injected into the network of the local utility, in this case Energisa Sergipe, and transformed into credits for use by the consuming company.
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