Brazil contracts 501 MW in reserve capacity auction with thermal power plants.

Brazil negotiated, this Friday (20), 501.3 megawatts (MW) power generation through new energy contracts from thermal power plants fueled by diesel, fuel oil, and biodiesel. The contracting took place in second stage of the Capacity Reserve Auction, carried out by Chamber of Electric Energy Commercialization, National Electric Energy Agency and Ministry of Mines and EnergyPetrobras was the main winner, with 332.5 MW contracted through the Canoas and Termoceará plants, both powered by diesel oil. As the energy negotiated comes from existing plants, the auction does not foresee new investments in installed capacity. Besides Petrobras, the following companies also won the bidding: CEP Energia, Utexavantes, Canoas Diesel, Xavantes Aruanã, and Petrolina. The auction included two biodiesel-powered projects and one fuel oil-powered project. For the diesel and fuel oil plants, the contracts will have a duration of three years, starting on August 1, 2026, and August 1, 2027. The biodiesel contracts begin on August 1, 2030, with a supply period of ten years.

This text was translated by machine from Brazilian Portuguese.