Will Brazil hold a large-scale energy storage auction in 2025?

The Brazilian authorities say they plan to hold a large-scale energy storage auction in 2025, potentially creating a market for large-scale storage facilities in the country. From pv magazine Brazil

Why does Brazil need to double its power capacity by 2031?

Silveira added that Brazil’s energy demand is rising due to climate effects, indicating the need to double the country’s thermal power capacity by 2031. He also requested a contingency plan to maintain system stability during the summer months

Does Brazil have a good energy transition?

On the one hand, Brazil’s energy transition is well under way. The country has the cleanest electricity generation among Group of 20 members and has seen a significant increase in wind and solar generation in the past few years. Energy storage is expected to take off soon.

Can Brazil help decarbonize the world?

Yet Brazil’s primary energy demand still relies significantly on fossil fuels, and further electrification will be critical if the country is to meet its net-zero goals. Beyond its own transition, Brazil could play a key role in helping decarbonize the world by providing biofuels, energy transition metals and nature-based solutions.

Does Brazil have enough energy for a drought?

The minister claimed that Brazil has sufficient contracted energy to meet demand, even during severe droughts. He highlighted the activation of thermal power plants to offset the reduced hydroelectric generation.

Can Brazil build a green-steel industry?

Brazil’s biomass availability could help build out the country’s green-steel industry as clean hydrogen developers grapple with high costs and low demand. And Brazil is one of the world’s top sources for critical energy transition metals.