Solar power plants with kilowatt hour prices around 1.7 cents at auction in Brazil
Post date: 01/07/2019 - 15:26
Within the projects awarded at the latest auction for renewable energy power plants in Brazil (Leilão de Geração de Energia A-4 de 2019) on Friday in São Paulo, six projects for solar power plants with a total capacity of 203.7 MW represented by far the largest share of the various types of generation and were also far below average in terms of prices per kilowatt hour.
Surcharges were awarded for 401.6 MW with the start of electricity deliveries by January 2023 at the latest and a term of 30 years; the average surcharge value was 15.115 centavos (3.926 cents) per kilowatt hour. In addition to PV, five small hydropower plants with a total of 81.3 MW and an average price of 19.812 centavos (5.146 cents) per kilowatt hour were awarded, as well as one biomass power plant with 21.4 MW at 17.987 centavos (4.672 cents) per kilowatt hour and three wind power plants with 95.2 MW and an average price of 7.90 centavos (2.052 cents) per kilowatt hour. For solar projects, however, the average price per kilowatt hour was only 6.748 centavos (1.753 cents) according to the electricity market regulator Aneel (Agência Nacional de Energia Elétrica).