The evolution of wind power in Brazilanalysis of government policy and its effects

Resumo

Given the pressure to transform the world’s energy needs from environmental, logistic, and customer perspectives, countries around the world have been increasingly looking at the potential for renewable energy as the optimal solution for these issues. Wind, in particular, has begun to see a new revolution as the technology has drastically improved and prices have fallen to competitive levels with traditional sources of energy. In this context, developing economies have become a major target of investment as increasing energy needs require the development of additional power facilities to keep up with demand. Brazil, which has historically relied on renewable energy from hydropower, is increasingly developing its wind capacity and has set in place a variety of mechanisms and systems in order to meet its ambitious goals of development. Set out in its 2024 Energy Expansion plan, it aims to add an additional 11 gigawatts of wind energy in the next six years to reach 24 gigawatts by 2024. However, there is still a great deal of uncertainty about the ability to accomplish this goal as the economic and regulatory environments have been facing recent challenges that have constrained the planned growth capacity.

Ficha do documento

Tipo

Dissertação

Ano

2018

Instituição

Fundação Getulio Vargas

Fonte

Repositório da FGV

Idioma

Inglês

Acesso

Acesso aberto

Identificador

oai:repositorio.fgv.br:10438/25861

Temas

InfraestruturaDesenvolvimento Econômico

Palavras-chave

BrazilWind energyWind industrySupport policiesBrasilEnergia eólicaIndustria eólicaPolíticas de suporteAdministração de empresasEnergia - Fontes alternativas - BrasilRecursos energéticos - BrasilPolítica energética - Brasil