Will Brazil conduct the first energy storage auction?

Brazil is set to conduct the country's first-ever energy storage auction for adding batteries and storage systems to the national power grid.

Are there 'truck stops' on long-haul routes in Brazil?

There are no ‘truck stops’ on strategic, long-haul routes in Brazil suited for refueling high-fuel consuming, heavy duty natural gas vehicles (LNG, CNG or biomethane). Some trucks are fitted with NGV-2 AND the bayonet, but it is not optimal. Adaptors to NGV-2 are not optimal.

Will Brazil's first electricity auction drive $450m investment?

Brazil is set to conduct its first auction for adding batteries and storage systems to the national power grid, as reported by Reuters. The auction, to take place in June 2025, will include 300MW energy capacity purchase that could drive an estimated $450m in investments from winning bidders, according to consultants Oliver Wyman.

Will Brazil's energy auction improve power grid reliability?

Interest in the auction has been expressed by power companies such as Portugal’s EDP and Brazil’s ISA Energia. The auction will enhance Brazil’s power grid reliability by integrating energy storage solutions for electricity generated from renewable sources such as wind and solar. US Tariffs are shifting - will you react or anticipate?

How do liquid fuels work in Brazil?

Liquid fuels work differently. The state where the fuel was consumed receives all of the tax receipts. Therefore, many non-producing states prefer to continue incentivizing diesel. Natural gas is a well-known commodity in the energy mix for Brazil.

Why is BMC launching a lithium battery project in Brazil?

"We are excited about this historic collaboration which will not only boost the local economy but also position Brazil at the forefront of technological innovation in the lithium battery sector. This project will create thousands of jobs and promote sustainable economic growth," says BMC CEO Eduardo Javier Muñoz.