Twelve years after the pioneering initiative of PROINFO (Incentive Program for Alternative Sources of Electric Energy), which contracted wind power in Brazil, the industry has achieved several important milestones and is now experiencing a period of consolidation.

With a nationalized production chain and promising opportunities arising from this energy source, Brazil achieved, in August 2016, 10 GW of installed wind capacity, supplying power to over 15 million homes monthly, generating 150,000 jobs, and avoiding tons of CO2.

The industry estimates Brazil will maintain an average annual growth rate of 20% until 2020 - this rate was actually 46% in 2015, higher than the world's largest wind power markets.

Today, 7% of the Brazilian energy matrix comes from wind power. This percentage, however, can reach 12% according to the Ten Year Plan for Energy Expansion 2024, produced by the Brazilian government.

In terms of generation, the current wind potential already supplies up to 40% of the energy demand of the Northeast and, at times, even supplies up to 10% of all national demand. About 10 GW of wind have already been contracted - at different stages of construction - representing more than 5000 wind turbines to be installed. And there is still a huge potential to be explored: more than 500 GW installable all over Brazil.

In 2016, Brazil imported US$ 46.2 million of wind-powered electric generators, mainly from U.S., India and European Union.

The Brazil Wind Power Conference and Exhibition, the largest wind power event in Latin America, provides the best opportunities for networking and business in this market. The event will take place from August 29^th to 31^st, at the Sulamerica Convention Center in Rio de Janeiro, RJ.

 

Source: Brazilian Wind Energy Association (ABEólica).