Brazilian Energy Transition: Renewable Leadership and Its Challenges

Luciano Losekann (lucianolosekann@id.uff.br), Edmar de Almeida, Luan Santos (luan.santos@pep.ufrj.br), Thauan Santos (thauan@marinha.mil.br) and Francisco Raeder (fraeder@id.uff.br)
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Luciano Losekann: Universidade Federal Fluminense (UFF)
Edmar de Almeida: PUC-Rio
Luan Santos: Universidade Federal do Rio de Janeiro (UFRJ)
Thauan Santos: Escola de Guerra Naval
Francisco Raeder: Universidade Federal Fluminense (UFF)

Chapter Chapter 19 in Energia Progresiva, 2024, pp 471-496 from Springer

Abstract: Abstract The chapter analyses the most relevant challenges and opportunities in the Brazilian energy sector. The development of the giant pre-salt oil and gas fields has changed Brazil’s position in the global oil market. Oil exports are growing, with impacts on the attraction of investments and the collection of taxes by the government. In renewable energies, Brazil already has consolidated leadership, with the use of biofuels, hydro, and wind electricity. In 2019, renewable energies accounted for 45% of the Brazilian energy matrix, compared to a world average of 14%. In addition, new technologies, such as hydrogen and offshore wind, bring new opportunities for renewables in the country. The chapter will analyze the apparent paradox of reconciling the growth of fossil energy production and renewable leadership in Brazil.

Keywords: Renewable energy; Pre-salt oil; Brazil (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-68846-1_19

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DOI: 10.1007/978-3-031-68846-1_19

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