At R$137 ($60.5) per MWh, the price cap for wind is considered a continuation of past price cap levels, once inflation is factored in. At last year's A-5 auction, the government had set a cap price of R$122/MWh.
"With a level of inflation of about 5%, I think they just moved the price up in line with prices," Jean-Claude Fernand Robert, GE's head of renewable energies in Latin America, told the Recharge Thought Leaders Lunch in Rio.
Elbia
