Wednesday, August 24, 2011

Brazilian wind power cheaper than natural gas

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 GB pounds) per MWh.

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