Brazil, with its vast territorial extension and wealth in natural resources, is uniquely positioned to lead the energy transition in Latin America. This transition, which involves switching from non-renewable to renewable energy sources, is more than a global trend – it is an urgent need.
Brazil's energy sector is transitioning towards electrification and green hydrogen, projected to infuse R$2.2 trillion into the economy by 2050. Lowered solar panel costs and an anticipated demand for additional photovoltaic systems point towards an energy evolution. Despite challenges, with right investments and policies, Brazil could emerge as a global leader in this new energy era.
In today's world, energy security is more than a necessity - it's a must. This is the time to invest in public policies, modernization of equipment and effective distribution strategies to guarantee a secure energy future. But how to do it?
The energy market in 2022 in Brazil was resilient and had solar energy as one of the main sources of growth in the year. The electricity sector has undergone important changes inside and outside the country.
With the resumption of activities in the post-pandemic period, there was an increase in electricity consumption in Brazil. Mainly, the beverage, food and service sectors were responsible for the 1.4% increase compared to the same period last year. According to the CCEE survey, in the first half of 2022, the country consumed an average of 66.02 MW of electricity.
Initially, it is essential to understand the difference between energy matrix and electrical matrix. The first covers all sources available in a country, state or the world that meet the demand for total energy generation. The second consists only of the set of sources available to generate electricity, whether for homes, industries or other institutions.
The possible suspension of readjustments in the electricity sector has been causing uncertainty in the market. Due to the shortage of rains that occurred in 2020 and 2021, the National Electric Energy Agency (ANEEL) released new increases in energy rates.
What is the expectation for the Ten Year Energy Expansion Plan (PDE) 2031? Since January 2022, the MME has turned its attention to the PDE 2031, opening the public consultation to receive contributions from society. At the end of the term, in February, the participation of more than 50 institutions was registered.
Despite counting on the presence of fossil fuel sources, the Brazilian energy matrix is considered one of the most renewable among the world economies. While Brazil uses more than 48% of renewable sources, the world average is 14%.
How will energy consumption in Brazil in the next decade? The energy sector in the country and around the world has been undergoing a transition with the aim of promoting decarbonization, digitization and decentralization (3Ds).