Brazil Has One of the Cleanest Energy Matrices in the World, with Investments in Renewable Energy Representing Over 80% of the Energy Generation Capacity in the Country’s Market.
The country is the 9th largest consumer and producer of renewable energy in the world, with a competitive and well-established regulatory and legal framework in the energy sector, with long-term energy purchase contracts (over 20 years), registered incentives, and a balance between public and private sector initiatives.
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Opportunities in the Brazilian Renewable Energy Market
Opportunities in the renewable energy industry in Brazil range from the Regulated Market, with a successful auction model, to the Free Market, a growing and flexible corporate sourcing model that currently accounts for 30% of Brazil’s energy demand.
An increase of 1,000 TWh in electricity consumption is expected, which will generate the need for US $ 150 billion in investments in renewable energy by 2050.
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Every time a river flows into the sea, an amount of energy equivalent to a 120-meter waterfall is silently wasted, but Japan has just inaugurated the world’s first power plant that captures this waste and transforms it into electricity 24 hours a day without sun, wind, or fuel.
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Silicon Valley bets on a 100-hour battery that uses carbon and oxygen to store renewable energy for days and could turn a little-known chemical system into an alternative to critical metal batteries to tackle prolonged blackouts.
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Fortescue announces a radical shift by replacing diesel with a system featuring 1.2 GW of solar energy, 600 MW of wind energy, and up to 5 GWh in batteries, a giant project that could save $100 million per year and transform heavy mining into one of the largest 100% renewable operations in the world by 2028.
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Canadian engineers want to compress air in underground caverns and build plants of up to 500 MW that function as giant lungs to store renewable energy for hours and stabilize entire electrical grids.
Favored by the country’s size, abundance of resources, favorable policies, and legal security, Brazil stands out as the 1st in Latin America and the 3rd in the world in renewable participation in the energy matrix.
Moreover, the Brazilian renewable energy market is massive: the country, in terms of energy generation and demand, is also the largest player in Latin America and ranks among the top ten in the world.
Market Highlights
Renewable energy represents over 80% of the country’s electricity generation capacity – the 2nd in the world. It is estimated that electricity generation from wind and solar photovoltaic sources will increase to 150 GW by 2040, representing 44% of the Brazilian matrix.
In ethanol production, there was a 17% increase compared to 2017, reaching 32.3 billion liters in 2018, a new production record.
Investment Tracking Record
Brazil attracted around US $ 20 billion in FDI for renewable energies from 2009 to 2018. 1st recipient of FDI in renewable energies in Latin America 2009-2018 – 35.2%. 3rd recipient of FDI in renewable energies in the world 2009-2018 – 11.6%. Brazil is expected to reach US $ 150 billion in renewable investments by 2050.

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