Brazilian Wind Power Now Cheaper Than Natural Gas

Wind power in Brazil now costs less than natural gas. Brazil's National Electric Power Agency held a series of energy auctions last week. During the auctions, 78 wind power projects, out of 92 projects, nabbed contracts. The contracts totaled 1,928 megawatts (MW), and were priced at 99.5 Brazilian reals ($66.81) per megawatt hour (MWh). Natural [...]
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Apparel RetailConsumer Discretionary
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!