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Home - Energy Storage - Brazil launches public consultation on spare battery auction – SPE
Energy Storage

Brazil launches public consultation on spare battery auction – SPE

solarenergyBy solarenergySeptember 30, 2024No Comments2 Mins Read
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According to the draft auction rules published by the Ministry of Mines and Energy, the tender will take place in June 2025 for systems with a capacity of at least 30 MW that can store energy for at least four hours a day. The draft states that the contracts will cover a period of ten years, starting from July 2029.

September 30, 2024 Livia Neves

By ESS news

Brazil’s Ministry of Mines and Energy (MME) released the draft battery capacity reserve auction, the LRCAP Storage 2025, for public consultation last Friday. The government tender will take place in June 2025.

To participate, projects must register and apply for technical qualification from the Energy Studies Company (EPE), according to instructions not yet published. Projects must have at least 30 MW of installed capacity, no variable costs per unit, access to the transmission network with the capacity to transport the injected power, and a minimum operating capacity of four hours.

Supply contracts will be concluded for ten years, with delivery from July 1, 2029.

To read further, visit our ESS news website.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

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See also  Work begins on 1.4 GWh Inner Mongolia project combining lithium-ion and redox power storage technologies – SPE
auction battery Brazil consultation launches public spare SPE
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