Winning Renewable Energy Auctions in Brazil — A Complete Insight

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Report-Data Bundle

Winning Renewable Energy Auctions in Brazil — A Complete Insight

The History of Winners & Losers — In Data & In Perspective

Product ID: Auction Bundle 01-02-20
Version: 1.0
Release: November 2020
Volume: 70 Page Report & 22K+ Point Dataset

True insight comes from understanding the landscape and then analyzing the data. Deep market knowledge creates the foundation for more insightful data modeling and analytics.
This bundle combines our in-depth benchmarking report, charting the history of renewable energy auctions in Brazil, and our complete dataset, allowing you to determine the winning parameters for your current or future project in this reformed energy market. The upcoming change to hourly spot pricing is the latest in a string of reforms that make Brazil one of the top 3 most attractive destinations in the world for clean energy investments, this report-data bundle provides the complete insight required to win Brazil’s increasingly competitive auctions.

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SKU: Auction Bundle 01-02-20 Category:

Additional information

language

English
document format

PDF, XLS

Table of Contents

DATA-SET

  1. Legend and Explanatory Notes

  2. Dashboard

  3. Consolidated Results per Auction

    • Auction Designation
    • Energy Source
    • Auction Date
    • Nº power plants
    • Power (MW)
    • Ceiling Price (R$/MWh)
    • Ceiling Price (USD/MWh)
    • Exchange rate USD-BRL (auction date)
    • Power (MW)
    • GF (MWm)
    • Nº contracted agents
    • Average Price (R$/MWh)
    • Average Price (USD/MWh)
    • Discount (in relation to ceiling price)
    • Planned Investment per Capacity (R$/kW)
    • Planned Investment per Capacity (USD/kW)

  4. Data Base

    • Year
    • Auction Designation
    • Public Notice (Edital)
    • Auction Date
    • Auction Type
    • COD
    • PPA Length (years)  
    • Ceiling Price (R$/MWh)
    • SEQ.
    • Source Brazilian Code
    • Project Name
    • Capacity (MW)
    • GF (MWm)  
    • Bid Price (R$/MW)
    • Region Source
    • Planned Investment (R$)
    • Planned Investment per Capacity (R$/kW)
    • Exchange rate USD-BRL (auction date)  
    • Bid Price (USD/MWh)  
    • Ceiling Price (USD/MWh)  
    • Planned Investment (USD)  
    • Planned Investment per Capacity (USD/MW)
    • Bidder Name / Consortium

  5. References

  6. List of Figures (Dashboard)

  1. Contracted Wind Capacity per Auction (in MW)
  2. Contracted Solar Capacity per Auction (in MW)
  3. Qualified Wind Capacity per Auction (in MW)
  4. Qualified Solar Capacity per Auction (in MW)
  5. Success Rate for Wind Bids per Auction (%)
  6. Success Rate for Solar Bids per Auction (%)
  7. Nr. of Qualified Projects vs. Nr. of Contemplated Projects per Auction
  8. Ceiling Price per Wind Auction and Average Discount to Ceiling Price Among Winners
  9. Ceiling Price per Solar Auction and Average Discount to Ceiling Price Among Winners
  10. Relation Ceiling Price in R$/MWh to USD/BRL Exchange Rate – Wind Winners
  11. Relation Ceiling Price in R$/MWh to USD/BRL Exchange Rate – Solar Winners
  12. Relation Average Bidding Price Among Winners in R$/MWh to USD/BRL Exchange Rate
  13. Average Planned Investment – Wind Winners (USD/MW)
  14. Average Planned Investment – Solar Winners (USD/MW)
  15. Relation Average Planned Investment in Wind (Winners) in R$/MWh to USD/BRL Exchange Rate
  16. Relation Average Planned Investment in Solar (Winners) in R$/MWh to USD/BRL Exchange Rate

 

REPORT

  1. Introduction

  2. Brief Analysis of the Brazilian Energy Sector

    2.1 INSTITUTIONAL AGENTS
    2.2 BRAZIL’S ENERGY MIX
    2.2.1 Evolution of Brazil’s installed capacity (2017-2020)

  3. Profile of the Regulated Market in Brazil

  4. Energy Generation Auctions in Brazil

    4.1 REGULATION FOCUSED ON RENEWABLE SOURCES
    4.2 TECHNICAL QUALIFICATION
    4.2.1 Technical qualification and its criteria for wind power ventures
    4.2.2. Technical qualification and its criteria for photovoltaic ventures

    4.3 TYPES OF GENERATION AUCTIONS

    4.3.1. A-N Auctions
    4.3.2. New Energy Auction
    4.3.3. Structuring Auction or Structuring Project Auction
    4.3.4. Renewable Energy Auction
    4.3.5. Existing Energy Auction
    4.3.6. Adjustment Auction
    4.3.7. Reserve Energy Auction
    4.4 ANALYSIS OF ENERGY TRADING AGREEMENTS IN THE REGULATED MARKET
    4.4.1. Forward periods and supply deadlines
    4.4.2. Modalities
    4.4.3. Guarantees
    4.4.4. Penalties
    4.4.5. Relevant aspects
    4.4.6. Adaptations for solar and wind power sources
    5. The Importance of Auctions in Promoting Renewable Sources
    5.1 HISTORY OF RENEWABLE ENERGIES IN BRAZILIAN AUCTIONS
    5.1.2. Evolution of renewable sources in generation auctions
    5.1.3. Qualified volumes and contracted volumes
    5.1.4. Prices
    5.1.5. Discount
    5.1.6. Winners’ profile and analysis
    5.2. PERSPECTIVES AND OBSTACLES
    5.2.1. Competitiveness factors in Brazil
    5.2.2. Trends and expectations
    6. Conclusion
    7. Bibliographic References

Figures:

  1. Installed capacity by source type (kW) 
  2. EPE’s technical qualification pillars 
  3. Registered power at A-4 Auctions by year 
  4. Registered power at A-6 Auctions by year 
  5. Participation of each source in the auctions (capacity percentage of registered projects) 
  6. Total wind power ventures analyzed each year 
  7. Reasons for lack of qualification in wind power projects by year 
  8. Lack of qualification for environmental licensing 
  9. Percentage of qualified wind power projects, detailed by anemometric measurement time, by year 
  10. Averages for turbines’ nominal power, rotor diameter, and cube axis height 
  11. Average capacity factor (%) and height, diameter, and specific power indexes 
  12. Average deadline for implementing wind farms (in months) 
  13. Estimated capital expenditure for the qualified wind power ventures, by year, in R$/kW 
  14. Results of technical qualification for photovoltaic ventures in the last energy auctions 
  15. Main reasons for lack of qualification in photovoltaic projects for the 2018 and 2019 auctions 
  16. Proportion of direct current (DC) power of technically qualified projects, by solar energy technology, at  each auction 
  17. Average power of photovoltaic panels by technology at each auction 
  18. Proportion of DC power of photovoltaic projects qualified by number of cells 
  19. Inverter Sizing Factor by auction 
  20. Expenditure capital (R$/kWp) declared in the auctions for photovoltaic ventures 
  21. Expenditure capital variation in US$/kWp by auction 
  22. Relative weight of total budget costs in photovoltaic projects (averages) 
  23. Types of generation auctions 
  24. General result of auctions by period 
  25. Amount of energy contracted in MWavg (2005-2019)
  26. Energy contracting through auctions: from 2005 to 2009 
  27. Energy contracting through auctions: from 2009 to 2014 
  28. Energy contracting through auctions: from 2014 to 2019 
  29. Qualified volumes for solar and wind power sources from 2017 to 2019 
  30. Result of generation auctions 
  31. Percentage of guaranteed power output for solar and wind power sources 
  32. Contracted guaranteed power output for solar and wind power sources between 2017 and 2019
  33. Average prices and power by auction 
  34. Average contracted price by source 
  35. Average price updated by source 
  36. Ceiling price, contracted power, and average contracting price for wind power until 2019 
  37. Contracted power and average prices for photovoltaic at each auction 
  38. National x International: wind power winners 
  39. National x International: photovoltaic winners 
  40. Participation in the generation market by company type
  41. Evolution of final consumption by scenario 

 

Tables:

  1. Brazil’s energy mix (2020) 
  2. Annual installed capacity (2017-2020) 
  3. Agreements’ deadlines in the ACR 
  4. LEN Results: contracted energy (MWm) 
  5. LPE Results: contracted energy (MWm) 
  6. LFA Results: contracted energy (MWavg) 
  7. LER Results: contracted energy (MWavg) 
  8. Qualified volumes by auction 
  9. Traded amount and selling prices for photovoltaic power at each auction 
  10. Percentage of average discount for solar and wind power auctions, from 2017 to 2019