brazilian power sector - current issues - pedro g. seraphim [email protected]
TRANSCRIPT
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Agenda
Brazilian Power Sector Facts Sector’s Greenhouse Gas Emissions
Brazilian Power Sector Model
Wind Power Auction
Belo Monte Project
Renewal of Concessions
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Brazilian Power Sector Facts
Brazilian Energy Matrix => 46% renewable
– World average is 12%
Power Sector Installed Capacity
– Now: about 103 GW (91% hydro)
– Planned for 2030: 130 GW (78% hydro)
only 2% of all carbon emissions in Brazil
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Power Sector GHGs Emissions per capita
Brazil 1
Argentina 10
EU 40
USA 100
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Power Sector Model (Law No. 10,848)
Brazilian - Expansion centrally controlled by the
Government
LDCs: Yearly declarations of power needs for 5 years
Auctions for projects to meet such needs
PPA with LDCs (ACR) or “reserve energy”
Preliminary Environmental License
Free consumers => 25% of the power market (ACL)
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Exclusive Auction for Wind Power (Nov / 2009)
Estimated potential: 140 GW (or 300 GW?)
Reserve energy auction in Nov/2009
441 registered projects: ~14,000 MW
Transmission through ICGs (Shared Facilities)
20-year PPAs
Will it attract equipment manufacturers?
Is it really the best alternative at the moment?
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Belo Monte Project
Installed capacity: 11,300 MW
Capacity factor (assured energy): ~ 5,000 MW
– virtually no reservoir
Challenges:
– Valuation (R$16 or R$30 billion?)
– Transmission (distance from load centers)
– Market (ACR / ACL / Self-Producers)
– Environmental licensing…
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Belo Monte Project Location
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Renewal of Concessions
