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Project Insights

Brazil auctions offer opportunity for LNG-to-power

LNG-to-power projects have been successful in Brazil’s recent auctions, and this trend looks set to continue LNG-to-power projects have been successful in Brazil’s recent auctions, and this trend looks set to continue.
By Elena Mataro 12 September 2019 Americas / LNG 0 34570
The Euzebio Rocha thermoelectric power plant in Brazil. (Petrobras)

The key issue: On 30 August, Brazil’s energy ministry approved the framework for an auction of new power capacity scheduled for 18 October. Engie has proposed a 600 MW LNG-to-power project as part of the tender.

Interfax analysis: LNG-fired power projects have won major contracts in Brazil’s recent energy auctions, amounting to 4.5 GW of installed capacity, and similar projects are also expected to win contracts in forthcoming auctions. Such projects – some mature and others in their initial phases – are increasingly a feature...