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Competitiveness of utility-scale solar photovoltaic power generation in Brazil from 2014 to 2022

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  • Catarina, Artur Santa
  • Chaves, Gisele de Lorena Diniz

Abstract

This analysis examines the economic competitiveness of 194 photovoltaic power projects, based on data from energy auctions from 2014 to 2022, to provide an overview of the expected performance of these projects using the Levelized Cost of Energy (LCOE). The aim is to identify relevant trends for the development of renewable energy policies. Despite the evolution in the LCOE, we found that the energy prices are substantially lower than the LCOE, indicating that these projects are, on average, economically infeasible, raising concerns for policymakers.

Suggested Citation

  • Catarina, Artur Santa & Chaves, Gisele de Lorena Diniz, 2025. "Competitiveness of utility-scale solar photovoltaic power generation in Brazil from 2014 to 2022," Utilities Policy, Elsevier, vol. 96(C).
    • Handle: RePEc:eee:juipol:v:96:y:2025:i:c:s0957178725001286
    DOI: 10.1016/j.jup.2025.102013
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    References listed on IDEAS

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