SOUTH AMERICA: Wind-energy prices in South America are following the trend set by Brazil last week and continuing to fall.
Both Uruguay and Peru have recently completed wind-energy auctions with prices hitting $63/MWh and $69/MWh respectively.
However, none of these matched the record low prices set in Brazil, which awarded projects for as little as $61/MWh.
However, none of these matched the record low prices set in Brazil, which awarded projects for as little as $61/MWh.
Uruguay’s second tender attracted 23 bids from 17 companies for just under 1.1GW. This was a significant reduction of the first tender where the lowest price was $85/MWh.
The trend for lower prices, compared to other parts of the world, correlates with Brazil. In last week’s auction the average prices were 23.1% less than last year.
Brazilian prices were already the lowest in the world — except in parts of northern China — from an auction system at $75/MWh.
Source: http://www.greenenergyforearth.com/2011/08/26/uruguay-and-peru-wind-prices-hit-new-low/
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