Technical FAQs 4

How big is Brazil's electricity sector?

Investment in the Brazilian electricity sector is expected to reach over $100 billion by 2029, including utility-scale generation, distributed generation, transmission, and distribution projects. Brazil’s electricity matrix is one of the cleanest in the world and Brazil is committed to continuing its support for renewable energy projects.

What is the largest source of electricity in Brazil in 2024?

In 2024, solar power, when including distributed generation, became the second largest source of electricity in Brazil, surpassing wind power, and reaching almost 50 GW. Utility scale solar energy in Brazil reached 16.4 GW, while distributed generation from solar accounted for 34 GW in 2024.

Should Brazil invest in energy storage?

Brazil’s energy storage sector must attract R47 billion ($7 billion) in investments by 2030, according to the Brazilian Energy Storage Solutions Association (Absae). Stakeholders are in the process of creating a regulatory framework for energy storage.

Will Brazil conduct the first energy storage auction?

Brazil is set to conduct the country's first-ever energy storage auction for adding batteries and storage systems to the national power grid.

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What are the energy storage power stations in Sao Paulo Brazil

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