In one of the last auctions of the year, the federal government will offer 11 lots of lines and substations in nine states. In total, the forecast is for investments of R$7.3 billion ($1.4 bn). Among the companies that have already revealed the intention to participate in the auction are ISA Cteep, Alupar, CPFL, Neoenergia, EDP Brasil, Taesa and Eletrobras.
Source: Valor International
BNDES approved financing of R$191 million ($38 mm) for the construction of three solar power plants in the country side of São Paulo that belong to the Spanish group Powertis. The projects in Pedranópolis will add 90 megawatts in installed capacity, enough to meet the demand of some 125,000 homes, the state bank said in a statement.
Brazilian crude steel production reached 3 million tons in November, an increase of 11.2% compared to the same period in 2019. The production of rolled products was 1.9 million tons, 9.6% higher than last November. The data were divulged by the Brazil Steel Institute.
Source: UOL Economia
The tariff of the Angra 1 and 2 nuclear plants will have a reduction of 8,1% in 2021 and will be of $ 49.9/MWh. This value will guarantee the payment of the fixed revenue of the plants, which will go from R$ 3.7 billion ($740 mm) to R$ 3.4 billion ($680 mm). Angra energy is divided in quotas between all the distributors of the National Interconnected System. The new amount was approved by the National Electrical Energy Agency.
Source: Canal Energia
According to a report released by the United Nations Development Program (UNDP), Brazil lost five places in the world ranking of the Human Development Index (HDI) and went from 79th to 84th out of 189 countries. The Brazilian HDI was 0.762 in 2018 to 0.765 in 2019. According to the UNDP, the data still do not reflect the impact of the new coronavirus pandemic.
Source: Money Times