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The renewable energy market in Brazil: Current status and potential

Author

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  • Pereira, Marcio Giannini
  • Camacho, Cristiane Farias
  • Freitas, Marcos Aurélio Vasconcelos
  • Silva, Neilton Fidelis da

Abstract

Renewable energy offers a range of options with which to meet the growing demand for energy, particularly in the context of the pursuit (especially in developing countries) of economic development which takes into account social and environmental issues. Brazil has abundant natural sources of renewable energy, such as wind and solar power, hydraulic energy, small hydroelectric plants, ethanol and bio-diesel. These sources form part of the Brazilian strategy aimed at satisfying the demand for 6300MW of fresh capacity per year arising out of projected economic growth of 5.1% per year over the next 10 years. Renewable energy sources currently provide 47.2% of the internal supply of primary energy in Brazil. Brazil has been pursuing a strategy of maintaining its renewable energy matrix and developing and providing incentives for further low carbon initiatives.

Suggested Citation

  • Pereira, Marcio Giannini & Camacho, Cristiane Farias & Freitas, Marcos Aurélio Vasconcelos & Silva, Neilton Fidelis da, 2012. "The renewable energy market in Brazil: Current status and potential," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(6), pages 3786-3802.
    • Handle: RePEc:eee:rensus:v:16:y:2012:i:6:p:3786-3802
    DOI: 10.1016/j.rser.2012.03.024
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    References listed on IDEAS

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