Mar 12 • 23:00 UTC 🇧🇷 Brazil Folha (PT)

Renewable energy companies will demand that presidential candidates prioritize the issue

Renewable energy companies in Brazil are preparing a letter to presidential candidates outlining public policy suggestions and identifying current challenges in the electricity sector.

Renewable energy companies and organizations in Brazil are mobilizing to influence future presidential candidates by drafting a letter that will suggest public policies aimed at addressing key issues in the renewable energy sector. This initiative, coordinated by the Global Renewables Alliance (GRA), is set to be delivered in the first half of the year, with the goal of ensuring that renewable energy becomes a priority in the candidates' government programs.

The letter emphasizes the urgent need for increased renewable energy production in Brazil, as the current offerings are deemed insufficient for the country to achieve its decarbonization targets. Stakeholders in the industry advocate for immediate action, including the first auction for the lease of maritime areas to take place within the year. They believe that without significant advancements in the sector, Brazil will face challenges in attracting foreign investments aimed at sustainable energy solutions.

Additionally, Elbia Gannoum, president of the Committee for Mobilization of Renewable Energies, highlighted that the existing electricity grid is ineffectively managing the energy already generated. The letter will also address the various tax barriers that hinder industry growth, with an emphasis on the pressing need for comprehensive reforms. The collective action by these companies signals a strategic effort to influence national energy policy at a critical time when Brazil is seeking to strengthen its commitment to renewable energy sources.

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