Minister of Mines and Energy Says Brazil Has a Favorable Environment for Investment in Energy and Mining; Sector Could Gain Up to R$ 400 Billion in the Coming Years

Written by Fabio Lucas Carvalho

Published on 01/06/2021 at 20:19

Foto: Bruno Spada

Be the first to react!

Brazil’s Energy Matrix Should Gain Up to R$ 400 Billion in Investments in the Coming Years.

Bento Albuquerque, Minister of Mines and Energy, highlighted that Brazil has a favorable scenario for investment in the mining and energy sectors. The minister also emphasized that approximately R$ 400 billion in investments are expected in the coming years, with most of it directed towards the energy matrix.

The minister participated this Monday, 31, in the panel Energy Transition in Brazil: The Importance of Renewable Energies and Foreign Investment in Brazil, at the Brazil Investment Forum 2021.

“It is important to say that in the last two years, even with the health crisis, we had investments in the energy and mining sectors in Brazil amounting to US$ 30 billion from 17 countries. Twenty-six percent of the foreign capital that entered the country in 2020 went to the energy and mining sectors. What does this represent? It represents that we have a business environment favorable to investments,” declared the Minister of Mines and Energy.

ARTICLE CONTINUES BELOW

Auction Should Be Held This Year in Various Sectors

Bento Albuquerque further highlighted that there are 10 electric generation auctions, two energy transmission auctions, three oil and gas auctions, and four in the mining sector scheduled for this year. The minister emphasized that the auctions aim to expand the energy and mining sectors in the country, as well as increase investments in the sector.

“All these auctions aim to provide this expansion for the energy sector of the country and mining as well, attract new investments, new partners; and this has indeed happened. We have a business environment that prioritizes legal security and also predictability“, declared the Minister.

The forum takes place remotely from May 31 to June 1, highlighting investment opportunities in the most important sectors for Brazil. Throughout the forum, a total of 60 projects will be presented, with an estimated portfolio value of US$ 72 billion.

Minister of Mines and Energy Says Brazil Has a Favorable Environment for Investment in Energy and Mining; Sector Could Gain Up to R$ 400 Billion in the Coming Years

Brazil’s Energy Matrix Should Gain Up to R$ 400 Billion in Investments in the Coming Years.

Auction Should Be Held This Year in Various Sectors

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Described by astronauts as one of the most unlikely natural phenomena on Earth, the Okavango Delta spreads over up to 15,000 square kilometers in the middle of the desert and transforms Botswana into a living labyrinth of channels, islands, and flooded areas.

Two helicopters, 41 people, and over 38 tons of bait were mobilized on a remote Pacific atoll to eliminate rats; five years later, native trees grew by 5,000%, seabirds gained habitat, and the rainforest began to regenerate.

Organic grape juice from São Roque surprises experts, scores over 90 points in a blind test, and wins a national award after six years of agroecological research.

Via Mar promises to relieve BR-101 in Santa Catarina, but it will be the state’s first toll state highway and faces soft soil and rice fields that threaten the timeline.

The oceans received a historic investment of $6.4 billion for conservation, blue economy, and sustainable fishing, but the question is whether the promise will actually turn into protected seas.

Brazil enacted a national minimum wage for teachers at R$ 5,130 for a 40-hour workweek, raised the minimum wage for basic education after a 5.4% adjustment, and established a rule that prevents increases below inflation in the coming years across the country.

Two young inventors create a terracotta brick that uses water, air, and solar energy to cool cities, and the idea points to buildings that stop worsening urban heat.

Minister of Mines and Energy Says Brazil Has a Favorable Environment for Investment in Energy and Mining; Sector Could Gain Up to R$ 400 Billion in the Coming Years

Brazil’s Energy Matrix Should Gain Up to R$ 400 Billion in Investments in the Coming Years.

Auction Should Be Held This Year in Various Sectors

In the cold desert of Ladakh, where it hardly rains, engineer Sonam Wangchuk created the ice stupa, a tower that freezes winter water and stores it for irrigating crops in the spring, a simple engineering feat that mimics nature.

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

Chinese woman planted trees for decades while sand buried part of her house, received $5,000 from an American in 1999, and helped transform the desert into a forest of 8 million trees in China.

Desert sand, previously discarded for being too smooth for concrete, becomes an ecological brick in the United Arab Emirates, dispensing with Portland cement, curing at room temperature, and attempting to transform dunes useless for construction into raw material for a new arid engineering.

Almost 6,000 residents live concentrated along a single street nearly 9 km long in the interior of Poland. Houses form a continuous row, and behind them, narrow agricultural strips emerge, creating one of the most unusual rural patterns in Europe.

Described by astronauts as one of the most unlikely natural phenomena on Earth, the Okavango Delta spreads over up to 15,000 square kilometers in the middle of the desert and transforms Botswana into a living labyrinth of channels, islands, and flooded areas.

Two helicopters, 41 people, and over 38 tons of bait were mobilized on a remote Pacific atoll to eliminate rats; five years later, native trees grew by 5,000%, seabirds gained habitat, and the rainforest began to regenerate.

Brazil enacted a national minimum wage for teachers at R$ 5,130 for a 40-hour workweek, raised the minimum wage for basic education after a 5.4% adjustment, and established a rule that prevents increases below inflation in the coming years across the country.

Luciano Hang offers a R$ 40,000 prize at Havan, but it’s not exactly a job position: it’s an influencer contest for the network’s 40th anniversary, with a contract for the winner.

For years Star Wars led, but the most expensive film in history is now Jurassic World: Dominion, with a budget of $658.8 million and a box office that exceeded $1 billion.

Government wants to pay up to R$ 8,000 to more than 2,300 traditional families in over 100 communities in Acre and Amazonas for environmental services provided to the Amazon.

Coal mine purchased for $2 million in Wyoming, the Brook Mine holds rare earth elements and critical minerals estimated at up to $37 billion, in an asset that the US is competing for with China.

Organic grape juice from São Roque surprises experts, scores over 90 points in a blind test, and wins a national award after six years of agroecological research.

Via Mar promises to relieve BR-101 in Santa Catarina, but it will be the state’s first toll state highway and faces soft soil and rice fields that threaten the timeline.

The oceans received a historic investment of $6.4 billion for conservation, blue economy, and sustainable fishing, but the question is whether the promise will actually turn into protected seas.

Brazil enacted a national minimum wage for teachers at R$ 5,130 for a 40-hour workweek, raised the minimum wage for basic education after a 5.4% adjustment, and established a rule that prevents increases below inflation in the coming years across the country.

Two young inventors create a terracotta brick that uses water, air, and solar energy to cool cities, and the idea points to buildings that stop worsening urban heat.