Latin America is currently leading the clean energy revolution, generating over 60% of its electricity from clean sources. This thriving market offers excellent opportunities for developers both in existing technologies and promising new areas such as offshore wind and green hydrogen.
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Brazilian Power Market: Key Trends and Challenges
What is essential to know about the Brazilian energy market?
Brazil’s power market stands out with a generation mix dominated by hydro, making up a significant 59% of centralised capacity and an impressive 71% of power generation. However, reliance on hydro comes with challenges: sensitivity to precipitation patterns and climate events could lead to an increased dependence on thermal fossil-fuelled plants. Nevertheless, this could change due to the significant renewable growth, which is ramping up with 59% of utility-scale solar and wind installed capacity deployed over the last 5 years.
Keep on top of Brazil’s dynamic market, ensure you are poised to react to any changes and make the most of the opportunity by subscribing to the Brazilian Power & Renewables Service.
By subscribing to the Power & Renewables Service you will gain early access to valuable insights on the Brazilian energy market from the advisor you trust in other markets. This is a unique opportunity to learn from the inside and network with other key stakeholders in a market that is becoming a model for others shifting towards cleaner energy sources.
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Priscila Vellano
Commercial Manager
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Watch now:
Offshore Wind Webinar
Find out about the Brazilian market potential, game-changing updates on the regulatory framework, and how competitive offshore wind is compared to other relevant power sources, and more.
Watch Now:
Green Hydrogen Potential in Brazil
Learn from our experts about the key role Brazil is playing as a green hydrogen exporter to Europe, and gain insight into pressing questions such as transportation and the economics of its production.
