24 Aug '11, 8am

Brazilian wind power's now *cheaper* than natural gas, says @businessgreen on our #environmentnetwork

The Brazilian authorities have this week confirmed that wind power in the country currently costs less than natural gas, after a series of energy auctions saw wind farm operators undercut other forms of energy generation. Seventy-eight wind power projects won contracts in last week's energy auctions held by Brazil's National Electric Power Agency, totalling 1,928MW and priced at approximately 99.5 reals (£37.4) per MWh. FURTHER READING Offshore wind tsar to lead cost cutting taskforce Report: EU attempts to salvage Kyoto Protocol By comparison, the average price for power generated with natural gas is currently 103 reals (£38.7) per MWh in Brazil, while the average price for energy determined through the auctions was 102.07 reals per MWh. According to Brazil's Energy Research Company (EPE), wind power is also now trading around 19 per cent cheaper per MWh than the average ...

Full article: http://www.businessgreen.com/bg/news/2103849/brazilian-wi...

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