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

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

To contact the editors responsible for this story:
Reed Landberg at
Will Wade, Carlos Caminada

About BloombergNEF

BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.

Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
Sign up for our free weekly newsletter →

Want to learn how we help our clients put it all together? Contact us