Renewable Energy

Brazil stands out on the world stage of renewable energy

By 2030 Brazilian growth will be higher than the countries like Spain, Germany and Italy

TB Petroleum/Press Office Rio Oil & Gas Conference
17/09/2014 05:27
Brazil stands out on the world stage of renewable energy Imagem: IBP Visualizações: 2434 (0) (0) (0) (0)

 

Brazil will remain strong in the renewable energy sector by 2030, concluded the panel on the Brazilian Energy Matrix, held on Monday (15/9), during the first day of the Rio Oil & Gas 2014. Data from the Energy Research Company (EPE) show that, in ten years, the share of wind energy in the Brazilian energy matrix will jump from 2% to 10%, offsetting the low growth of hydropower in the same period. "These numbers prove the effectiveness of investments that have been made by Brazil in wind energy," said the director of ANP Helder Queiroz. Also driven by the increased use of biomass, the growth of renewable energy in the country by 2030 will be higher than in countries like Spain, Germany and Italy, according to Mark Finley, General Manager of Global Energy Markets BP.

 

According to Antonio Eduardo de Castro, executive manager of corporate strategy of Petrobras, the balance between fossil and renewable energy is also one of Brazil highlights the global stage. "We have 55% of supply of fossil fuels and 43% from renewable sources. Worldwide, 80% of primary energy supply comes from fossil fuels, which should drop to around 70% in 2030. "

According to Maurício Tolmasquim, president of EPE, the demand for energy in Brazil will grow 4% per year until 2023, slightly higher than the 3.8% projection of GDP growth.

Brazil should maintain leadership in the oil sector, according to the panelists. "Today I extrapolate the mark of 500 thousand barrels / day, the pre-salt is a reality," said Helder Queiroz. According to Antonio de Castro, Petrobras and its partners will be responsible for one million barrels per day in 2017 "There is no technological barriers that impede production. Brazil is already an exporter and at least will double its oil production in the coming decades, "he said, noting that the country is expected to produce an average of 5.2 barrels / day between 2020 and 2030.

 

Most Read Today
see see
BOGE2026
Smart Control Gains Prominence at Bahia Oil & Gas Energy...
09/06/26
BOGE2026
Bahia Oil & Gas Energy Concludes Historic Edition and Se...
06/06/26
Branded Content
Boaventura Energy Complex drives Brazil’s energy future ...
06/06/26
BOGE2026
Mayekawa do Brasil present at Bahia Oil & Gas Energy
06/06/26
BOGE2026
Benel Marks Presence at Bahia Oil & Gas Energy and Annou...
02/06/26
BOGE2026
Bahiagás Highlights Bahia’s Leading Role in the Energy T...
30/05/26
Investments
Petrobras Announces Investments of More Than R$ 70 Billi...
30/05/26
BOGE2026
Oil States Reinforces Commitment to Innovation and Opera...
29/05/26
BOGE2026
PetroReconcavo Discusses the Future of Oil and Gas at Ba...
29/05/26
BOGE2026
Lumina Group Makes Its Presence Felt at Bahia Oil & Gas ...
29/05/26
BOGE2026
Bahia Brings Together Industry, Innovation, and Business...
28/05/26
Royalties
Amounts related to March production for concession and t...
28/05/26
BOGE2026
Oil & Gas Expansion Boosts Demand for Industrial Waste T...
28/05/26
BOGE2026
BRAVA Energia Marks Presence at Bahia Oil & Gas Energy 2...
27/05/26
IBP
Brazil Can Expand Its Prominence as a Global Energy Supp...
27/05/26
Investments
Petrobras and Transpetro announce R$ 2.8 billion in inve...
27/05/26
International Company News
Jumbo orders a new class of versatile heavy lift vessels
27/05/26
BOGE2026
The Largest Oil and Gas Event in the North and Northeast...
25/05/26
BOGE2026
With production on the rise, independent players lead di...
25/05/26
ANP
ANP Workshop Debates Boosting Oil and Gas Exploration in...
25/05/26
BOGE2026
ANP participates in Bahia Oil & Gas Energy 2026, in Salvador
25/05/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.