UPDATE: Brazil Energy Auction To Spur BRL9.7 Bi Investment
2010年8月28日 - 4:38AM
Dow Jones News
Brazil's auction of wind, hydroelectric and biomass energy will
lead to 9.7 billion Brazilian reals ($5.5 billion) of investments
in renewable energy, the state-controlled energy research company
said Friday.
The auction of alternative energy, negotiated between
electricity generators and distributors, and the auction of reserve
energy, negotiated between generators and Brazil's electricity
clearinghouse CCEE, led to the contracting of 2,892 megawatts of
new installed capacity, energy research company EPE said in a
statement. The auction ended after markets closed Thursday.
Fifty wind farms agreed to sell electricity in the
alternative-energy auction. In the reserve auction, another 20 wind
projects were contracted to supply energy to CCEE, which in turn
will sell the energy to consumers as needed.
The average price of wind power at both auctions was BRL130.86
per megawatt/hour. That is 11.8% less than the price generators
agreed to sell for during last year's auction of wind energy.
"If, in the evaluation of Iberdrola, the biggest producer of
wind energy, the return on investment was good enough, then our
association sees that as a good result," said Pedro Perrelli,
president of industry group ABEEolica in Sao Paulo.
Spain's Iberdrola SA (IBDRY, IBE.MC) was the big winner in
Thursday's alternative-energy auction, with nine of its projects
being selected. The controller of Brazil's Neoenergia SA
(GNAN3B.SM) agreed to sell energy for an average of BRL134.15 per
MWh.
Renova Energia SA (RNEW11.BR), meanwhile, accounted for more
than one-fourth of wind power sold at the reserve energy auction.
Brazil's Renova sold energy from six wind farms at a price of
BRL121.25.
Industry players say cheap financing, localized production and
economies of scale mean prices will likely fall further as Brazil
seeks more renewable resources to supplant its dependence on
hydroelectric power.
In addition to wind-generated power, which will provide 2,048MW
of the total capacity, 12 sugarcane bagasse-burning plants and
seven small hydroelectric dams were contracted at the auction of
reserve and alternative energy.
The biomass plants sold energy for an average of BRL144.20,
while the small hydropower dams--those with capacity below 30MW
each--sold energy for BRL141.93.
The auction represents a "breaking of paradigms in the Brazilian
electric sector" because "wind power was among the cheapest energy
negotiated," EPE President Mauricio Tolmasquim said in the
statement.
The total amount of wind power contracted is an increase from
the 1,805 MW hired in a December auction. Future auctions will
likely add 2,000MW to 2,500MW of capacity a year, accounting for
one-third of the roughly 6,000MW Brazil will need to add in
capacity annually over the next decade, Perrelli said.
-By Paulo Winterstein, Dow Jones Newswires; 55-11-3544-7073;
paulo.winterstein@dowjones.com