RELATED HOT TOPICS: Renewable Contract awarded Generation Tenders

Brazil approves rules for A-6 power auction

By BNamericas Tuesday, July 31, 2018

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Brazil's electric power regulator Aneel has approved the rules for the A-6 electric power tender, scheduled for August 31.

The projects are due online in 2024, with contracts lasting 30 years for hydropower, 25 years for thermopower (gas and biomass) and 20 years for wind. The reference cost for the auction will be 308 reais per MWh (US$82/MWh), but prices will vary for projects that already have the energy ministry's authorization and contracts.

In total, 1,090 projects are registered for the tender, with 59,116MW of installed capacity. The final rules will be made available on Aneel's website on Wednesday.

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