Brazil postpones all 2020 energy, transmission auctions

Brazil’s Ministry of Mines and Energy announced it has rescheduled indefinitely its energy and transmission auctions, previously planned for the upcoming months.

According to BNamericas, the decree was published in the Official Gazette and is a response to “the international public health emergency caused by the COVID-19 pandemic.

Specifically, the government has postponed six events: both the new and existing energy auctions dubbed A-4 and A-6, as well as tenders for transmission lines and those aimed at supplying isolated systems.

The new A-4 energy auction, initially scheduled for May 28, was the only one concerning renewable power. It registered 51,438 MW of hydro, wind, solar and biomass projects to compete in the bidding process.

The government stressed that it is not canceling the 2020 auctions, only postponing until the public health situation is normalized.

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