2010-2019 Plan for Energy Expansion
In December 2010, Brazilian Ministry of Mines and Energy approved the new 2010-2019 Decennial Plan for Energy Expansion. Such plan implements the phasing out of fossil fuel power plants construction by 2014 and foresees major expansions in the hydro and wind grid-connected power sectors over the next ten years.
Installed capacity targets for renewable energies have been fixed as follows:
- Hydro: from 83.1 GW in 2010 to 116.7 GW by 2019.
- Small hydro: from 4 GW in 2010 to 7GW by 2019.
- Biomass: from 5.4 GW bin 2010 to 8.5 GW by 2019.
- Wind: 1.4 in 2010 to 6 GW by 20119
The 10-year plan foresees an investment package of BRL 952 billion, EUR 420.2 billion equivalent, and targets additional grid-connected electricity generation from renewable sources of 4GW by the end of 2010, 777 MW in 2011 and 2 GW in 2012. Considering the dramatic increase in domestic electricity consumption, 52% by 2019, the total share of renewable energy sources will have to increase by 13% annually with wind, biomass and hydro as front-runners.
Want to know more about this policy ? Learn more