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Brazil Auctions 1800MW of Wind Power
Posted by Budyansky (budyansky) on 03-01-2010
Business News >> Business news

While the United Nations Climate Conference (COP15) was taking place in Copenhagen, Denmark, Brazil's National Electric Energy Agency (ANEEL) held the country's first ever wind-only energy auction. On December 14, around 1,800 megawatts (MW) were contracted with energy from 71 wind power plants scheduled to be delivered beginning July 1, 2012. The wind power auction has reinforced Brazil's success in generating electric energy from renewable sources, which currently represent 85.4% of the country's electricity supply, according to preliminary data from the 2009 National Energy Balance, conducted by the Energy Research Corporation (EPE).

While focusing domestically on wind-energy generation, Brazil is part of a larger international movement toward wind power as a primary source of energy. In fact, wind power has seen the highest expansion rate of all available renewable energy sources, with an average growth of 27% per year since 1990, according to the Global Wind Energy Council (GWEC).

Government Support for Wind Power

Brazil’s first wind-energy turbine was installed in Fernando de Noronha Archipelago in 1992. Ten years later the government created the Program for Incentive of Alternative Electric Energy Sources (Proinfa) to encourage the use of other renewable sources, such as wind power, biomass, and Small Hydroelectric Power Stations (PCHs). Such stations use hydropower, the flagship of Brazil’s energy matrix, which comprises around three-quarters of Brazil’s installed energy capacity.

High energy production costs, coupled with the advantages of wind power as a renewable, widely available energy source, have led several countries to establish regulatory incentives and direct financial investments to stimulate wind power generation.

Wind Energy across the Globe

The installed capacity of wind energy worldwide is currently 121,000 MW, of which 54% is located in Europe, according to GWEC. Germany maintains the largest installed capacity of wind energy on the continent with 22,227 MW. Wind is also a significant energy source in other European countries, including Denmark and Spain, where it represents 22% and 12% of the total energy capacity, respectively. The world’s largest installed capacity of wind energy is located in the United States with 25,170 MW, followed by Germany, Spain (16,754 MW), China (12,210 MW) and India (9,645 MW).

Last changed: 04-01-2010 at 7:32 PM

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