Brazil confirms power generation tenders for December
Brazil's electric power watchdog Aneel has confirmed the A-1, A-2 and A-3 tenders for December 6.
The auctions are to contract electricity from existing generation projects, from any source.
They will be held sequentially, starting with A-1. The supply period will be two years, starting on January 1, 2025 for A-1, January 1, 2026 for A-2 and January 1, 2027 for A-3.
The initial price caps are 200 reais (US$35.15) per MWh, 170 reais/MWh and 140 reais/MWh, respectively.
The processes are likely to be the only power generation tenders this year.
A backup capacity tender was initially scheduled for August but was postponed and is probably going to be held in 2025.
The isolated system and the A-4 and A-6 auctions, which were originally planned for December, are also expected to be delayed until 2025.
Meanwhile, the federal government is planning to carry out the country’s first exclusive battery storage tender next year.
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