Page 60 - InvestmentGuideBrasilEng

Renewable

Energy and

Environmental

Solutions

With abundant natural resources, strong govern- ? The Alternative Energy Source Incentive sectors are on course for continued growth. Ac- ELECTRICITY GENERATIONIN
The renewables and environmental solutions
ment incentive programs, compelling financing Program (PROINFA), created in 2002,
options and a clear policy choice on the part of subsidizes the higher cost of alternative energy cording to the Brazilian Energy Research Corpo-
the government to encourage the development through a levy on consumer electricity bills. ration (EPE), between 2007 and 2012 electricity BRAZIL (GWH)
of renewable energy, the sector is one of the most generated by biomass grew over 120%, while
attractive for foreign direct investment. Interna- ? The Electricity Development for States wind energy generation jumped by almost 700%
tional businesses such as Alstom, Gamesa, GE and Municipalities (PRODEEM) and the - a staggering growth rate. Although wind ener- GROWTH
Wind, Impsa Wind, Siemens, Suzlon, Tecsis, Ves- Luz para Todos (“Electricity For All”) federal gy accounts for only 1% of Brazil’s electricity gen- 2011 SHARE (%) 2006-2011 (%)
tas and Wobben/Enercon have all made invest- government initiatives encourage the eration at present, investment and expansion in Hydroelectric 428,571 80.4 23
ments in Brazil’s renewable energy sector. development of alternative energy systems wind energy sector is growing fast. Brazil had 1,421
Brazil’s renewable energy sector and related in rural and isolated parts of Brazil. MW of installed wind power capacity in 2011, ris- Natural gas 26,242 4.9 44
industries consist of both mature and new growth ing to 2,508 MW in 2012 and due to reach 9,000 Carbon 14,402 2.7 34
segments. Over the past ten years, the Brazilian ? Electricity regulator ANEEL has changed MW by 2017, according to industry representative
government has built and delivered 43 new hydro- the rules to allow independent and individual body Abeeolica. The Global Wind Energy Council Coal 7,883 1.5 17
electric plants (mainly small hydro), 61 wind farms producers to use renewable generation to expects Brazil’s wind energy capacity to grow by Nuclear 15,659 2.9 14
and over 30,000 km of energy transmission lines. connect to the national grid and a net metering at least another 450% by 2016.
Approximately 50% of Brazil’s energy consump- Power Compensation System has been Biomass 32,197 6.0 123
tion is derived from renewable sources, predom- introduced to offer credits on energy bills.
inantly hydroelectricity and biofuels. At present Wind 2,705 0.5 691
80% of Brazil’s electricity is generated by hydro- ? Several credit lines from the Brazilian Other* 5,213 1.0 -16
electric dams, but to diversify the government Development Bank (BNDES) are
has moved into other renewable energy sources, available for industries operating in Total 532,872 100
including wind, biomass and solar energy. the renewable energy segments.
Promoting greener, more sustainable energy
development is a key government priority, which * Includes solar
is why specific incentive programs have been de- Source: Brazilian Energy Research Company (EPE) 2012 Energy
Annual Statistics
veloped in order to attract new investment in
clean technologies and environmental solutions.
These include:

58 59