Tag Archives: hydroelectricity

Brazil Joins IEA as an Association Country

The International Energy Agency and Brazil have jointly announced that the country has joined the IEA as an Association country.

The announcement was made in Brasilia by Fernando Coelho Filho, Minister of Mines and Energy; Aloysio Nunes Ferreira, Foreign Minister;  and Dr Fatih Birol, the IEA’s Executive Director. Dr. Birol and Minister Coelho also signed a detailed three-year work programme highlighting a range of issues of mutual interest and cooperation.

“With today’s announcement of IEA Association, we are taking another important step to place Brazil at the centre of global debate on key energy policy issues including renewable energy, energy efficiency, rational use of fossil fuels, energy security and sustainable development,” said Minister Coelho.

Brazil’s leading expertise in bioenergy, hydro and other forms of clean and conventional energy is recognized around the world, and provides an excellent basis to develop solutions for global energy challenges. Brazil has also pioneered the use of auctions for long-term contracts for renewable energy, a model that is now successfully applied as best-practice world-wide.

With Brazil, the IEA family now accounts for over 70% of the world’s total energy consumption, compared with less than 40% just two years ago. The seven IEA Association countries are Brazil, China, India, Indonesia, Morocco, Singapore and Thailand.

The agreement will allow the IEA to benefit from Brazil’s unique experience, which has enabled it to develop one of the cleanest energy mixes in the world.

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Brazil’s Renewable Energy Boom

Brazil’s installed wind power generation capacity has increased by 50.1% since February last year, demonstrating the current boom in Renewable Energy within emerging markets.

Last year, renewables accounted for a majority of new electricity-generating capacity added around the world with more than half of the $286bn invested into the sector occurring in emerging markets like China, India and Brazil.

According to a recent United Nations report, 10.3% of all electricity generated globally in 2015 (not including hydroelectric plants) came from renewables – roughly double the amount 8 years ago.

In just one year, Brazil has added a total of 7,386 MW to its energy capacity with hydro-power being the most deployed source with 2,809 MW, followed by wind with a contribution of 2,770 MW. Thermal and solar power were next with 1,779 MW and 8 MW, respectively.

Large wind turbine distributor Vestas have announced that Brazil was the company’s fifth largest market for order intake in 2015 “…and we have a strategic ambition to grow further there” says Marco Graziano, president of Vestas Mediterranean.

Vestas entered the Brazilian market in 2000 and has announced 376 MW in firm orders in 2015. In addition to the sales office in Sao Paulo, Vestas has recently inaugurated a hub and nacelle production facility in Aquiraz, as well as established a successful partnership for producing blades and generators locally.

Source Customs Today and NA WindPower

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hydroelectric power

China to pay Brazil $3.7 Bn to Run Hydroelectric Power Plants

A state-owned power company, China Three Gorges, agreed on Wednesday to pay Brazil’s federal government 13.8 billion reais, or $3.7 billion, for the rights to operate two massive hydroelectric power plants for the next 30 years.

China Three Gorges made the commitment during a government auction of 29 operational power plants whose concession contracts have expired.

The $3.7 billion payment to operate the plants was fixed. The auction’s winner was the company that promised, after paying that sum, to sell electricity to consumers at the lowest price, but China Three Gorges was the only company to bid on these two plants. “There weren’t other bidders because of the way the government organized the auction,” said Claudio Sales, president of Instituto Acende Brasil, an electricity sector think tank in São Paulo. “Fully operational hydroelectric plants with consumer contracts are attractive assets.”

source NY times

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