Monday, January 18, 2010

The first bidding round for the supply of Wind Energy in Brazil

Technical Habilitation Process

For the first bidding round occurred on the 14th December 2009 that the EPE (Energy Research Company, responsible for the long term planning of the Brazilian electricity sector) provided guidance and approved the necessary technical requirements to 339 wind power projects.

The projects added to proposed installed capacity of 10.005 MW, which can be compared to one and a half of the total capacity for the Rio Madeira Hydro Complex which includes the hydro plants of Jirau (3.300 MW) and Santo Antônio (3.150 MW), in Rondônia, North of Brazil.

The contracts for the energy reserve resulting from this first bidding round will start supplying on 1st July 2012 with a supply period of 20 years. The target price proposed for the sale of the wind energy was at R$ 189MWh (or US$ 108MWh)

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