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Brazil

Brazil

Wind dominates Brazil A-3 auction

BRAZIL: Over 11.4GW of wind across 475 projects have been qualified to take part in the next Brazilian energy auction due to take place in July.

Over 11.4GW of wind projects will take part in July's auction
Over 11.4GW of wind projects will take part in July's auction

Wind projects have dominated this A-3 auction, by taking over 60% of the qualified capacity, which stands at 18.9GW and 521 projects.

President of regulator Empresa de Pesquisa Energetica (EPE), Mauricio Tolmaquim, said the latest showing by wind projects is evidence the sector will "continue to grow" in Brazil.

Successful projects in an A-3 auction are expected to come online within three years.

The northeastern states of Rio Grande do Norte, Ceara and Bahia have the greatest number of qualified wind projects. Rio Grande do Norte attracted the most bids with 3.1GW of capacity included in July's auction.

In November, the Brazil agreed to 31 new wind projects totalling 769MW in the country's latest reserve auction. That auction was aimed at providing energy security by creating a reserve capacity behind the expected growth in demand.

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