Brazilian wind developer requests power price increase

Brazilian renewable energy company Renova Energia has asked the nation's Electricity Regulatory Agency (Aneel) for an increase in wind power prices.

Aneel, Brazil's energy market watchdog, has set a cost of 137 reales ($59)/MWh, an amount that Renova Energia considers too low, according to a report by the South American Business Information analysis service.

Renova Energia has important projects on the go in the state of Bahia, which will result in approximately 400 MW of wind capacity.

News site Seenews added that Aneel has allowed several companies to operate as independent power producers for several wind farms that will total 76 MW.

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