Brazil outlines thermo rules for A-5 power auction

Friday, October 10, 2014

Thermoelectric operators must complete a technical qualification process to participate in Brazil's A-1 auction from existing plants in December, the mining and energy ministry (MME) said on Friday.

The deadline for generators to submit necessary documents is October 31, according to the website of federal energy planning company EPE.

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Details of the qualification process can be seen here.

Energy from biomass-fired thermoelectric plants will be sold on the regulated market by availability, with contracts ending in December 2017.

All other sources will be negotiated by quantity, with supply terms ending in December 2017 or December 2019.

Details of the December 5 round and ceiling prices for each energy source will be published at least 15 days before the auction, according to the ministry.

BNamericas will host its 11th Southern Cone Energy Summit in Lima, Peru, on November 12-13. Click here to download the agenda.