Brazilian Wind - approaching a 'base price'?
Monday, 15 August 2011 12:34

Pedro Perelli, director of the Brazilian Wind Energy Association, ABEEólica, believes that Brazil is approaching a 'base price' for wind energy. Quoted in the local media, Perelli stated recently that prices of around R$122 are sustainable. This level was seen in the last auction, in 2010, for projects in Rio Grande do Sul. According to Perelli, if prices slip much below R$122 there will be doubts about the ability of operators to deliver.

The 2011 Brazilian wind energy auctions will take place later this week.