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Market & Investments

Solar plants record 70% increase in energy generation

Solar projects were responsible for generating an average of 1,87 GW in October this year

Um report presented, this Monday (21), by CCEE (Electricity Trading Chamber) revealed that the photovoltaic plants registered a growth in energy generation of the order of 70% in October compared to the same period last year.

In all, were around 1,87 GW on average, against 1,1 GW compared to October 2021 – volume that, in percentage terms, was above the other sources analyzed by the study. 

Os wind farms, for example, obtained a 32,5% growth in the comparison between the two dates. Already water generation had one 25,4% growth, while the result of thermal power plants was 55,2% lower than recorded in October last year. 

Comparison by source between October 1st and 31st, 2021 and 2022. Photo: CCEE

Energy consumption

According to the CCEE study, energy consumption rose again in Brazil last month, with an increase in the average temperature in most states.

After a result in September that suffered the impacts of rain and cold, the country used an average of 65,9 GW last month, an increase of 2,5% compared to 2021. 

In the annual comparison, a large part of the country registered an increase in consumption in October, with emphasis on Maranhão, with an increase of 29%, followed by Tocantins (17%) and Rio de Janeiro (7%), influenced by more intense sunny days and less rainfall. At the other extreme, Pernambuco showed a decline of 5%, and Rio Grande do Sul of 4%.

Regulated Market x Free Market

CCEE also pointed out in its survey that the Regulated Market – in which small businesses and homes purchase their supply from distributors – recorded its biggest growth since January: 1,3% in the annual comparison, reaching an average of 42,1 GW.

“The segment is highly influenced by meteorological factors, with more intense use of refrigeration equipment on hotter days, for example, which explains the increase in the North, Southeast and part of the Northeast regions”, highlights the study. 

Already Mercado Livre – in which large commerce, retail and industry groups negotiate energy directly with generators or traders – was responsible for the consumption of an average of 23,7 GW, an amount 4,8% higher than in 2021.

CCEE also analyzes the data, disregarding the effect of consumer migration between the two environments in the last 12 months. In this case, the free environment would have a growth of 2,2%, while the regulated environment would grow 2,7%. 

Comparison of regulated and free markets. Photo: CCEE
Henrique Hein
About the Author
Henrique Hein

He worked at Correio Popular and Rádio Trianon. He has experience in podcast production, radio programs, interviews and reporting. Has been following the solar sector since 2020.

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