The decision to delay the auction comes a few days after the government announced cap prices of R$137/MWh ($60/MWh) for wind and solar power and R$197/MWh for thermoelectric power plants.

Although 704 wind power projects with 17GW have been registered for the auction, the government wants the auction to contract thermoelectric power plants – and especially gas-fired projects – to guarantee base load power for Brazil's future.

The