Bill Under Review in the Senate Aims to Regulate Offshore Wind and Solar Energy Production to Attract New Investments to Brazil

Written by Valdemar Medeiros

Published on 05/04/2022 at 10:23

Updated on 05/04/2022 at 13:08

Modelos de fixação de turbinas eólicas offshore – imagem: Spaco.io

Seja o primeiro a reagir!

New Bill Is Under Review in the Senate Aiming to Regulate Offshore Wind Energy Production in Brazil.

Offshore wind farms and solar energy are a significant promise for investments in renewable energies along the coast of the country. In this model, wind turbines or solar panels are installed offshore rather than on land, and although Brazil does not have any offshore plants, it has great potential for establishing these structures, according to Elbia Gannoum, President of the Brazilian Wind Energy Association (ABEEólica).

Bill Is Under Review to Regulate Offshore Wind and Solar Energy Production in Brazil

According to Gannoum, the country also has exceptional wind at sea. Thus, there is a great possibility of initiating these investments in Brazil soon. The state of Rio Grande do Norte is one of the best potentials for this type of energy generation. Therefore, it is necessary to start with investments through an auction, which is being organized for next year, and by the end of this decade, we will have offshore wind farms and floating solar energy.

To ensure the regulation of offshore wind and solar energy production, in addition to other types of sources, the Bill 576/2021 is currently under discussion in the Senate, presented by Senator Jean Paul Prates, who advocates the necessity of the measure for the Brazilian industry. According to Prates, it is essential to recover the country’s industrial capacity, which must be achieved through public policies, but also with more modern laws and regulations to attract more investments to the Brazilian renewable market.

ARTICLE CONTINUES BELOW

Offshore Wind Energy Production Could Be One of the Greatest Highlights in Brazil in the Coming Years

Even without the Bill, the state of Rio Grande do Norte stands out in the national production of wind energy. According to the Economic Development Secretariat, the state produced 1.5 GW of energy last year, a growth of 138% compared to the previous year.

An analysis by the Senai Renewable Energy Innovation Institute, based on data from Aneel, states that this total represents 40% of Brazil’s wind energy production. Gannoum asserts that wind energy can lead to expansion and economic development in the region where it is installed.

For every R$ 1 invested in wind energy in the country, R$ 2.90 is returned in GDP. There is also another factor, which is the economic development where studies have shown that the GDP of the Northeast expanded by around 21% due to the arrival of wind energy plants, and the HDI grew by about 20%.

The Best Year to Invest in Solar Energy

In January of this year, the Federal Government published the law that establishes the Legal Framework for Energy, designed to regulate micro and mini generators of Distributed Energy in the country.

This law was highly anticipated, as distributed solar energy generation is a cheaper and more sustainable way to generate electricity. Now the expectation is that investments will flow in to reduce the prices and adjustments of electricity costs in the country. The estimate is that costs with thermoelectric plants will be reduced by about R$ 150 million by 2050, one of the main contributors to the increase in electricity bills.

Bill Under Review in the Senate Aims to Regulate Offshore Wind and Solar Energy Production to Attract New Investments to Brazil

New Bill Is Under Review in the Senate Aiming to Regulate Offshore Wind Energy Production in Brazil.

Bill Is Under Review to Regulate Offshore Wind and Solar Energy Production in Brazil

Offshore Wind Energy Production Could Be One of the Greatest Highlights in Brazil in the Coming Years

The Best Year to Invest in Solar Energy

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

China manufactures 150 buses in just 16 working days and ships them to Argentina at prices up to 30% lower than those produced locally, putting body manufacturers in the neighboring country on high alert due to the speed and cost of Asian production.

Brazil accelerates the production of electric buses and could end 2026 as the leader in Latin America in a race that promises to transform public transportation in large cities.

An 11-year-old boy from Texas was just hoping to be officially adopted, but he got the most exciting surprise of his life when 45 classmates showed up unexpectedly at the courthouse to celebrate with him.

Two cyclones are surrounding Brazil at the same time this week: one brings heavy rain to the South while the other pushes cold air that drops temperatures by up to 6 degrees in mountainous areas of the Southeast.

A 20-year-old young man became paralyzed from the waist down after an accident and received treatment with polylaminin in Santa Catarina, and he is already able to move his feet days later.

Bill Under Review in the Senate Aims to Regulate Offshore Wind and Solar Energy Production to Attract New Investments to Brazil

New Bill Is Under Review in the Senate Aiming to Regulate Offshore Wind Energy Production in Brazil.

Bill Is Under Review to Regulate Offshore Wind and Solar Energy Production in Brazil

Offshore Wind Energy Production Could Be One of the Greatest Highlights in Brazil in the Coming Years

The Best Year to Invest in Solar Energy

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Solar-powered ice factory in the Amazon that eliminated a 5-hour trip to Manaus, prevents the loss of up to two-thirds of the fish, and now ensures income for more than 30 riverside families.

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.

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.

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.

China manufactures 150 buses in just 16 working days and ships them to Argentina at prices up to 30% lower than those produced locally, putting body manufacturers in the neighboring country on high alert due to the speed and cost of Asian production.

Brazil accelerates the production of electric buses and could end 2026 as the leader in Latin America in a race that promises to transform public transportation in large cities.

An 11-year-old boy from Texas was just hoping to be officially adopted, but he got the most exciting surprise of his life when 45 classmates showed up unexpectedly at the courthouse to celebrate with him.

Two cyclones are surrounding Brazil at the same time this week: one brings heavy rain to the South while the other pushes cold air that drops temperatures by up to 6 degrees in mountainous areas of the Southeast.

A 20-year-old young man became paralyzed from the waist down after an accident and received treatment with polylaminin in Santa Catarina, and he is already able to move his feet days later.