1900hrs Brasilia Standard Time
Brazil's federal power company Eletrobras has an appetite for more wind power in upcoming auctions, after winning contracts on the wind-only auction in August to supply power from 31 wind projects, said the company's CEO José Costa Neto.
The 31 projects involved in the auction have a combined installed capacity of 649MW.
With a 'large' portfolio of wind projects, the company is now looking to the upcoming auctions this year, said Neto. It will continue to partner with smaller developers, as its subsidiaries Chesf and Furnas did for last month's auction.
Eletrobras plans to invest in wind projects with the BRL 25 billion compensation for losses through changes in the concession renewal rules. Eletrobras was entitled to compensation after renewing the concesison contract before the end of the year. It is also looking for investment returns of at least as much as the cost of raising debt in international markets, he added.
1230hrs Brasilia Standard Time
According to Rafael Valverde, industry representative of the Bahia state government, the region's wind resources are "much bigger than we thought".
Bahia will launch an updated wind atlas in November but, says Valverde, measurements from more than 90 sites have now been compiled at an altitude of 100 metres.
The picture emerging will revolutionise concepts about the amount of wind power that can contribute to Brazil's total electricity generation.
"Brazil, as a whole, will have to review its potential because it does not make sense that, by our new projections, Bahia state has such a large share of national wind potential," said Valverde.
Brazil's total wind power potential is currently estimated at 300GW with wind speeds measured at 70 metres. Bahia's potential is rated at 14GW, also at 70 metres.
1000hrs Brasilia Standard Time
On the rainy morning of the second day of Brazil Windpower 2013 conference, delegates staying the Copacabana beach hotels could see an oil rig being tugged to one of the nearby oil fields. A reminder that Rio de Janeiro is Brazil's energy capital, the traditional home to state oil company Petrobras and federal power conglomerate Eletrobras.
Today's conference sessions highlight the contrast between the traditional energy sector and this nascent industry. The first panel is debating the long-term drives for the wind industry. The second panel will aim to untangle the non regulated market.
This is a market opportunity that wind developers are keen to grab, Otávio Silveira, board chairman of the Brazilian Wind Association (Abeeolica), said in an interview with Windpower Monthly yesterday. And it could account for as much as 30% of their revenues, he added.
After 3pm, the highlight will be the panel about the development of the wind supply chain. With both industry and trade ministry representatives present, it promises to be an interesting debate about a controversial issue.
0800hrs Brasilia Standard Time
Yesterday's events in Rio de Janeiro began even before the Brazil Windpower Conference 2013 started, with Spain's Acciona Windpower announcing it is building a nacelle assembly plant in Brazil’s Bahia state. Later that day the state’s governor, Jaques Wagner, said even more manufacturers would be coming to the eastern state.
Brazil’s energy minister Edison Lobão, who opened the conference, reaffirmed the government’s intention to install 2GW of wind power a year until 2020.
Today's proceedings kick off soon. Particularly looking forward to hearing Nelson Siffert of Brazilian Development Bank (BNDS) talk on integrating wind into a non-regulated market.