Wind Cheaper Than Natural Gas, Hydro in Brazil Power Auction
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Wind is becoming the cheapest source of energy in Brazil, beating natural gas and hydroelectric power.
Developers of 44 wind farms in Brazil agreed to deliver electricity to utilities for an average of 99.58 reais ($61.93) a megawatt-hour in a government-organized auction, the national energy agency Empresa de Pesquisa Energetica said yesterday in a statement. Two gas plants signed contracts for an average of