July 13 (Renewables Now) – Brazil’s Ministry of Mines and Energy (MME) announced on Friday that it plans to hold a new energy auction on December 4, 2020, provided there is demand from domestic power distributors.
Through a decree published in the Official Gazette, the government confirmed that the auction is dubbed as A-1 Existing Energy Auction. It will contract power from all available power plants in the country. The energy will be negotiated in Brazil’s regulated market in the form of volume of electricity.
By Lucas Morais via Renewables Now