Feb 14 β€’ 13:00 UTC πŸ‡§πŸ‡· Brazil Folha (PT)

Structure, regulation, and long-term planning still hinder renewable energies in Brazil

Brazil faces challenges in leveraging its renewable energy potential due to regulatory hurdles and short-term political cycles.

Brazil's aspiration to become a renewable energy powerhouse is jeopardized by structural, regulatory, and long-term planning issues. Elbia Gannoum, the executive president of the Brazilian Wind Energy Association (ABEEΓ³lica), emphasized the urgency of not missing out on Brazil's vast renewable potential, which could reach 500 gigawatts in wind energy alone. However, the focus remains largely on short-term political mandates, which stifles the development and implementation of comprehensive energy policies.

The Brazilian energy landscape shows promise, as the country ranked fifth globally in terms of installed wind capacity, with 33.7 GW as of 2024. Since the introduction of incentive programs for renewable energy investments in 2009, growth has been seen, but the overall pace remains constrained by inconsistent policies. Stakeholders stress the need for stable long-term commitments from the government to foster the necessary investment climate that can capitalize on Brazil's enormous renewable energy resources.

Without substantial reforms in energy governance and a commitment to long-term planning, Brazil risks falling behind in the global renewable energy race. The potential to harness wind energy significantly still exists, but it requires overcoming existing barriers and instilling a culture of long-term environmental strategy in governance to effectively transition to a more sustainable energy future.

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