Brazilian Energy and Transmission Auction Postponed

Image: PixabayImage: Pixabay
The Ministry of Mines and Energy in Brazil has indefinitely postponed the auctions that were scheduled for May, 2020 due to COVID-19

Official Press Release GlobalData:

COVID-19 pandemic delays auctions in Brazil, says GlobalData

Wind Industry Profile of
COVID-19 pandemic delays auctions in Brazil, says GlobalData

The Ministry of Mines and Energy (MEM) in Brazil, has indefinitely postponed the national energy generation and transmission auctions that were scheduled for May, 2020.

This includes both the A-4 and A-6 auctions, as well as tenders for transmission lines. Before the pandemic, the nation’s three-year plan comprised an A-4 auction in the first half of 2019, 2020 and 2021, followed by an A-6 auction in the second half. With the occurrence of the pandemic, how this plan will get reworked, taking into consideration the indefinite delay, remains unclear, says GlobalData, a leading data and analytics company.  Somik Das, Power Analyst at GlobalData, comments: “The A-4 energy auction, initially scheduled for May 28, offered around 51,438MW of hydro, wind,... ... More: Official Press Release GlobalData

Brazil, auction, round, ministry, energy, solar, wind, transmission, grid, delay, corona, COVID-19, schedule

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