Wednesday, 29 May 2013

Brazil Power Report Q3 2013

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Brazil Power Report Q3 2013
May 29th 2013, 00:00

BMI View: Brazil is firm in its commitment to improve its electricity-generating capabilities, as it does notwant to risk outages affecting its role of host nation to the World Cup in 2014. The government is planningthree auctions in 2013, and has decided to opt for separate categories for thermal and renewable sources ofpower - as according to the country''s national energy agency, wind power has won 55% of recent contracts.The government does not want to see thermal sources of power priced out of the market. There are alsodevelopments in terms of transmission and distribution infrastructure, with several new projects planned orapproved in early 2013. Brazil is also ...

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