Brazil Auction Rules May Boost Price of Cheap Wind Power
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Prices for wind energy in Brazil, currently the lowest in the world, may rise at least 15 percent due to government policies designed to make the nation’s power grid more reliable.
Developers must install as much as 15 percent more generating capacity at new wind farms to compensate for the variable output from turbines, under rules announced by the Ministry of Mines and Energy last month, Elbia Melo, president of Sao Paulo-based Associacao Brasileira de Energia Eolica said yesterday. They also face new restrictions on where they can build.