Thursday, 16 May 2013

Brazil Renewables Report Q3 2013

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Brazil Renewables Report Q3 2013
May 15th 2013, 00:00

BMI View: The potential completion of grid infrastructure for four wind parks before the end of this year,as well as the progress made on the projects awarded by the country through major auctions during andbefore 2010 have led us to revise up our 2013 forecasts for non-hydropower renewable energy generation.We have also revised up our medium-term forecasts based on the project pipeline, but have downgradedour long-term forecasts to account for a higher base and disappointing results in the 2012 power auctions.The 2012 auctions also reveal problems of oversupply and economic infeasibility for the wind sector.The potential completion of grid infrastructure for four win...

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