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Renewable Energy in Brazil
Brazil is an international reference in the renewable energy sector. According to the Brazilian Energy Research Office (EPE), by the end of 2030 renewable energy sources will represent 88% of the country’s electric power matrix, and 48% in the total energy matrix. The strategy for the upcoming decade will be focused on expanding the country’s matrix, ensuring energy security. A more diverse and competitive renewable matrix, aligned with the participation of the private sector is also part of the strategy in order to meet international sustainable development goals. In this sense, several government bodies have been promoting sectorial transformations to secure a business/regulatory scenario solid enough to attract investments. Until 2030, a total investment of £343 billion is expected.
According to ANEEL (National Electric Energy Agency), the Brazilian electric system is characterised as a large hydrothermal system, in which the hydro generation predominates. Of the current 177,760 MW of installed capacity, 62, 3% is from hydroelectric plants and 22.2% from thermoelectric plants distributed in natural gas (8.4%), biomass (8.7%), oil products (5.1%), coal (2%), and nuclear plants (1.1%). Wind and solar power represent 11% of the installed capacity, while imported energy represents 4%.
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Find out more about the work of the British Government in Brazil.
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