Brazil: Wind energy grows 15 times in the last decade

Wind power has entered Brazil in recent years and the country has reached the eighth place in the world ranking of installed capacity, which has grown 15 times in the last decade.

The country went from 1 GW of installed Capacity in 2010 to 15.1 GW this year, distributed in 600 wind farms in 12 states, according to the latest data from the Brazilian Association of Energy (ABEEOLIC).

Wind energy has gained space and currently represents 9.2% of the national energy Matrix, behind only hydroelectric power plants, which have 60.3%.

Despite the solid advancement, this renewable energy source still has plenty of room to grow in the country, according to the experts, and it is expected that in 2023 there is about 19.4 GW of wind capacity installed, taking into account the auctions already carried out and the contracts Signed on the market.

"We have a very large growth perspective. We see that wind and solar are the sources that will grow the most in Brazil in the next 30 years, "explained Efe, the president of Abeeolic, economist Elbia Silva Gannoum.

Despite the achievements in recent years, thanks to the improvement of technology, competitiveness and good prospects in relation to the future, Elbia stressed that the situation of fragility of the Brazilian economy represented a brake for the sector by reducing the hiring of energy in auctions.

Brazil entered a deep recession between 2015 and 2016, when the gross domestic product (GDP) lost about seven percentage points and, between 2017 and 2018, the economy grew only 2%.

The forecasts for this year remain weak and, according to the projections of the financial market, the Brazilian GDP will record a shy growth of 0.8% in 2019.

"The economy is making it difficult, when there is economic growth we will see greater growth in the sector. Even so, we have a market growing fairly on average and with a very good future perspective, "added the president of Abeeolic.

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