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A huge new market stirs
1 September 2001
Brazil is seriously attempting to kick-start a wind power market -- and to judge by the reaction of wind developers so far the government has got its regulation right. The rush is already on to carve up orders for the 1050 MW of new wind capacity which the Brazilian state utility is being obliged to buy power from at a premium rate. The sooner a project is in the ground, the higher the price for its output. A dire shortfall of electricity is behind the need to fast-track construction of additional power plant. Wind is seen as a good fit within Brazil's hydro-based power system.
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