In addition, not enough hydropower projects registered because they have not received requisite environmental licensing. The A-5 tender, for which energy would have to come online within five years, had been scheduled for 21 December.
A price cap of R$144 ($82) per megawatt hour had been established for the tender.
In August, an A-3 tender, which requires that power come on line in three years, saw the sale of 1MW from small hydro for R$144 and 10MW of biomass at R$144.60.
