Brazil’s capacity auction hires 9 gas plants
Brazil’s capacity auction hires 9 gas plants
Sao Paulo, 21 December (Argus) — Brazil's first energy-only/capacity-only auction led to contracts with 17 power plants, offering 5,126MW on a capacity-only basis to start in July 2026.
The nine natural gas-powered plants that successfully bid in the auction represented 81pc of the total capacity hired. There were five fuel oil plants, two run on diesel and one using biomass.
There was a 15pc discount to the government's previously determined price cap of R974,000/MW in a year, with the highest bid being R881,000/MW.
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