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Brazil
Thermal Plant
Brazil Lowers Thermal Power Price Cap
The Brazilian power sector monitoring committee has lowered the price cap for generation to R600/MWh effective immediately.
Market Analysis
Brazil Tops 21 GW of Installed Wind Capacity
Brazil's installed wind power capacity has reached 21.03 GW, national wind energy association Abeeolica announced on Tuesday.
Solar Power Plant
The First Concentrated Solar Power Plant in Brazil will Come into Operation at the End of January
Eudora Energia implemented, at Cesp’s plant, a R$ 49 million project for the Concentrated Solar Power plant to start operating at the end of the month.
Energy Saving
Energy Program Saves 5.6mn MWh in Brazil
Brazil's residential energy saving program was able to reduce power consumption by 5.6mn MWh between September and December 2021
Natural Gas
Brazil, Guyana, Suriname Postpone Joint Energy Plan
The leaders of Brazil, Guyana and Suriname have postponed the creation of a regional energy corridor after Brazilian president Jair Bolsonaro left discussions e…
Market Analysis
Brazilian Energy Demand Grows 4.1pc in 2021
Brazil's energy consumption in 2021 grew by 4.1pc from the previous year to an average 64,736 MW
Natural Gas
Brazil's PetroReconcavo Gas Output Doubles in December
Brazilian onshore natural gas producer PetroReconcavo more than doubled production in December from the prior month on newly acquired operations in the Miranga …
Wind Power Project
Statkraft Ready to Build 80MW Wind Power Project in Brazil
European renewable energy company Statkraft has closed a turbine supply contract with German manufacturer Nordex and is now ready to begin construction of its M…
Nuclear Power Plant
Brazil Looks to Nuclear Expansion
Brazil has begun a process to identify sites for the new nuclear power units it plans to have in operation by 2050.
Brazil
Brazil Beats 2021 Power Expansion Goal by 58pc
Brazil added 7,562 MW to its power capacity matrix in 2021, according to data from Brazilian national power regulatory agency Aneel.
LNG
US Expected to be World's Biggest LNG Exporter as China Poised to Become Top Importer
Brazilian imports more than tripled amid a drought and weak hydropower generation soaring to 7.5 MMt in 2021
Energy Subsidies
Brazil Extends Controversial Coal Power Subsidy
Brazilian president Jair Bolsonaro signed a law granting a 15-year extension of a subsidy for coal power generation in Santa Catarina state, flying in the face …
Offshore Wind Power
Vestas Secures 430MW Service Contract in Brazil
Multibrand deal covers various 155 Alstom ECO models at the Alto Sertao 3 wind complex in Bahia
Oil Field
PetroRio Forging Ahead with Field Development off Brazil
Brazilian oil and gas company PetroRio has undertaken the required steps to move forward with the development of the Wahoo field – located offshore Brazil.
Natural Gas
Shell to Supply Brazilian Natural Gas Plants
Shell will supply two of the natural gas thermoelectric plants that won the latest Brazilian capacity tender — the already existing Termopernambuco plant in Ba…
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