Brazil delays power tenders again in face of flagging demand

Oversupply means Brazil is unlikely to contract as much wind power as hoped

Christiana Sciaudone

Related

By Christiana Sciaudone Rio de Janeiro

 Friday, May 25 2012

Updated: Sunday, November 25 2012

Brazil’s energy ministry has further delayed the country’s A-3 and A-5 power tenders because of a lack of appetite among distributors in the face of looming market-oversupply.

The A-3 process, scheduled for 28 June, has been pushed back to 11 October, while the A-5 tender round has been moved from 16 August to 25 October.

The A-3 tender, seen as the more attractive for wind power, had already been delayed once because Brazil’s distributors have contracted a surplus of power for 2015 – the year in which the successful projects would need to come on line.

The government may before September revoke contracts previously given to delayed thermoelectric power projects, diminishing the oversupply and creating some kind of demand for…

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?

Login

Recharge App


Dowload the Recharge Mobile App
Get the free Recharge subscriber app on your device running iOS or Android.
Read Recharge anytime and anywhere. 		Recharge IOS App