Brazil tenders will allow gas to compete with renewables

Natural-gas projects will be allowed to compete with renewables in one of Brazil’s annual energy tenders, despite previous assurances to the contrary.

“The priority of the government continues to be renewable energy,” says Mauricio Tolmasquim, president of the government’s energy research centre, EPE.

But with a plethora of gas coming to the market, the government’s interest has been piqued by the opportunity for a cheap and stable power source.

It has announced that natural-gas projects will compete with renewables in the A-3 tender.

That is contrary to an earlier assurance that should natural-gas projects be permitted to compete in regulated bids, they would be limited to the A-5 tenders, which Log in to read complete article.

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