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Renewable Energy Giants Neoenergia and Equinor Are Interested in the Brazilian Offshore Wind Energy Market
With about 7,400 km of coastline, Brazil has enormous potential for wind energy generation through offshore wind farms, a technology that is gaining traction with Equinor and Neoenergia worldwide, although it is still a novelty in some countries.
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Equinor Requests Permission from IBAMA to Conduct Study
Equinor has requested permission from the Brazilian Environmental Agency, IBAMA, to conduct an environmental impact study that will “examine the possibility of developing an offshore wind farm project” in Brazilian waters.
Still lacking detailed plans from the developer, local media from Equinor reports that the offshore wind farm and wind turbine projects are still in development, covering an area of 4.66 GW divided into two fields of 2.33 GW, named Aracatu 1 and 2. The offshore wind projects generated through Equinor’s wind farms are located in the neighboring states of RJ and ES, though not in southeastern Brazil.
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The State-Owned EPE Estimates That Brazil Could Undertake Over 600 GW in Offshore Wind Farms
The EPE estimates that Brazil could undertake around 700 GW in offshore wind power plants if depths of up to 50 meters are explored, representing a number more than three times higher than Brazil’s allocated energy generation capacity.
The zones most favorable to the technology are between the Southeast, South, and primarily focused on the Northeast, where Equinor and Neoenergia are already interested in the areas.
In an Interview with Reuters, Mario Ruiz States That There Is Still a Long Way to Go Before Projects Leave the Paper
In an interview with Reuters, Mario Ruiz, President of Neoenergia, stated that there is still a long journey before the first offshore wind energy projects even leave the planning stage, as regulatory definitions for the source are needed, thus high costs are a hindrance.
Neoenergia, whose parent company Iberdrola is a global leader in offshore generation, has registered three wind projects along the Brazilian coast – Jangada, Maravilha, and Águas Claras, each with a potential capacity of 3 GW.
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