Infrastructure Minister Tarcísio Gomes de Freitas Presents His Investment Plan for the Renewable Energy Sector Focused on Competitiveness and Job Creation in Brazil

Written by Valdemar Medeiros

Published on 11/02/2022 at 11:05

Updated on 11/02/2022 at 17:23

Ministro do ministério da Infraestrutura destaca plano de investimento em renováveis para o Brasil – foto: Freepik/LianS

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The Minister of Infrastructure, Tarcísio Gomes de Freitas, Presents This Thursday (10) His Investment Plan and Sustainability Policy for the Renewable Energy Sector

The Minister of Infrastructure, Tarcísio Gomes de Freitas, presented this past Thursday (10) his new investment plan and sustainability policy aimed at the energy sector. Tarcísio Gomes de Freitas spoke during a lecture at the Brazil Energy event, a renewable energy congress taking place in São Paulo.

Investment Plan of Minister Tarcísio Gomes de Freitas

During his speech at the renewable energy conference, the Minister of Infrastructure reported on the analysis of the energy sector situation and the various niches emerging in the market.

These niches are being created from the significant advancement of clean energy generation technologies, such as wind and solar power. Last Wednesday, Absolar (Brazilian Association of Photovoltaic Solar Energy) announced that the well-known distributed generation – consumers responsible for their own renewable energy generation system, such as solar panels installed on the roofs of homes and small businesses – has reached the mark of 9 GW of installed capacity, which is equivalent to two-thirds of the total capacity of the Itaipu Hydroelectric Plant, the largest ever built in Brazil.

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Investments in the Renewable Energy Sector

According to data from Absolar, since 2012 investments have totaled 48 billion reais in the energy sector, generating more than 270,000 jobs across the country. This technology is currently distributed across about 5,500 Brazilian municipalities.

According to statements from the chairman of the board of directors of Absolar, Ronaldo Koloszuk, solar energy has been one of the main contributors to reducing Brazilian electricity bills, especially due to the significant reduction in the use of fossil thermal power plants, which are more expensive and much more polluting, as well as being the main drivers of tariff flags that make the electricity bill much higher.

Renewable Energy is a Solution for the Brazilian Energy Matrix

With the analysis made by Minister Tarcísio Gomes de Freitas and the sum of installed capacities at large plants and self-generation (distributed generation) of solar energy, it is possible to say that solar energy currently occupies the fifth position within the Brazilian energy matrix.

The solar energy source has already surpassed the installed capacity of oil-powered thermal power plants and other types of fossil-fuel-powered facilities, which currently produce about 9.1 GW of Brazil’s energy matrix.

From January to April last year, about 4 million RECs were traded in Brazil, the same volume sold throughout the previous year. The expectation is that 10 million certificates will be issued in 2021, a 300% increase compared to 2019, and 150% compared to 2020. The price of these environmental assets ranges from 2 to 5 reais, depending on the plant from which they originated. The transaction is made directly between seller and buyer.

Infrastructure Minister Tarcísio Gomes de Freitas Presents His Investment Plan for the Renewable Energy Sector Focused on Competitiveness and Job Creation in Brazil

The Minister of Infrastructure, Tarcísio Gomes de Freitas, Presents This Thursday (10) His Investment Plan and Sustainability Policy for the Renewable Energy Sector

Read Also

Investment Plan of Minister Tarcísio Gomes de Freitas

Investments in the Renewable Energy Sector

Renewable Energy is a Solution for the Brazilian Energy Matrix

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Infrastructure Minister Tarcísio Gomes de Freitas Presents His Investment Plan for the Renewable Energy Sector Focused on Competitiveness and Job Creation in Brazil

The Minister of Infrastructure, Tarcísio Gomes de Freitas, Presents This Thursday (10) His Investment Plan and Sustainability Policy for the Renewable Energy Sector

Read Also

Investment Plan of Minister Tarcísio Gomes de Freitas

Investments in the Renewable Energy Sector

Renewable Energy is a Solution for the Brazilian Energy Matrix

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While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

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