Brazil sets bidding price cap for April’s wind-and-biomass auction



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This Tuesday Brazil’s power sector regulator Aneel approved the price ceiling for the April 27 wind-and-biomass energy auction.

The maximum bidding prices will be BRL 179 (USD 56.9/EUR 51.9) per MWh for wind power projects, and BRL 215 per MWh for biomass projects.

A total of 570 proposals, with a combined capacity of 14,962 MW, have been registered for this auction. This includes 530 wind projects with total capacity of 12,895 MW and 40 thermal biomass schemes of a combined 2,067 MW.