Brazil Developers Register 19 Gigawatts for July Energy Auction

(Bloomberg) — Energy developers in Brazil applied to sell
power from 521 plants, with a total of 18.929 gigawatts, in an
auction planned for July 24. Most applications were for wind
farms.

Wind projects with a total of 11.5 gigawatts of capacity
are registered for the event, according to an e-mailed statement
Monday from Brazil’s energy research agency, known as EPE.

Developers registered 475 wind farms, 15 small
hydroelectric and 13 biomass plants. Natural gas projects were
also an important part of registrations, with 18 plants with a
total of 6.6 gigawatts.

In Brazil’s energy auctions, companies compete for long-term contracts to sell electricity from power projects they’re
planning to build.

To contact the reporter on this story:
Vanessa Dezem in Sao Paulo at
vdezem@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Will Wade, Carlos Caminada

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