Brazil is investing in an energy matrix that is increasingly clean
When Brazil’s PT Party won the presidency, it brought with it the certainty that a country in pursuit of sustainable development should invest in an energy matrix that is increasingly clean and renewable.
In this sense, the efforts of presidents Lula and Dilma have stimulated the growth and consolidation of the production of clean and renewable energy – some, which have a long-established history in Brazil, such as alcohol and ethanol, while others are on the rise, such as wind. From 2006 to 2013, wind generated energy in Brazil grew by an impressive 829%.
In mid-2014, with approximately 3,700 megawatts (MW), wind power’s share in the Brazilian energy matrix had reached the range of 2.88% of the total. The sector now has 181 wind energy projects, whose total installed capacity is 4,500 MW.
The expectation is that, by the end of 2018, the installed capacity will jump to around 13,500 MW, which is enough energy to power over 20 million homes.
Brazil’s average annual investments in wind farms, which had been approximately R$ 10 billion (US$ 3.5 billion), is expected to rise to R$ 23 billion (US$ 8.1 billion) in 2014.