Solar and wind: reality shock
This week Xcel. Energy, based in the state of Colorado, announced a deal regarding renewable energy.
The closed price, which includes storage via batteries, was - roundly - USD 20/MWh for wind power and USD 30/MWh for solar.
These prices will enable the closure of coal-fired power plants owned by Xcel Energy!
Here in Brazil, the prices of these types of energy are much higher. Double or triple!
While in developed countries thermal power plants are being replaced by renewable energy, here renewable energy justifies the increase of thermal sources - much more expensive - in our power matrix.
We urgently need to wake up for the competition. Our regulatory model of the electric sector is cumbersome, complicated and most importantly, costly - it does not present competitive parity. Bluntly: we are on the wrong track.