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    Home > Chemicals Industry > International Chemical > Brazil's installed wind power capacity exceeded 16GW

    Brazil's installed wind power capacity exceeded 16GW

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
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    According to data released by the Brazilian industry association Abeeólica, Brazil's installed wind power capacity has now exceeded 16GW, with 637 wind farms and a total of 7,738 turbines
    .

    Taking into account projects that have already been signed only through government electricity auctions and free electricity market contracts, Brazilian wind capacity is expected to grow to 24.
    2GW
    by 2024.
    Over the past decade, the country's energy has grown significantly, as the installed capacity in 2010 was only 928MW.

    With the new auction, the transaction volume will be greater
    .
    It is also important to note the importance of the free electricity market, as in 2018 and 2019 the free market had a higher
    number of contracts than the regulated market.

    Due to the viral pandemic, Brazil has postponed all six electricity tenders originally planned for this year as it recalculates the criteria for
    signing new electricity supply contracts.
    Despite this, according to Gannoum, head of the association, wind power will continue to grow
    in Brazil despite the economic crisis.

    "Of course, the pandemic will affect the sector because the reduction in energy demand is significant, which will affect the upcoming auctions, but it is still too early to talk about numbers because the free electricity market has been growing rapidly
    ," Gannoum added.

    Last year, wind energy became Brazil's second largest source of electricity, after hydropower
    .
    The country's average wind energy utilization rate was 42.
    7% in 2019, higher than the global average of 34%.

    Most of the country's electricity is located in the northeast, which accounts for 88.
    8%
    of the total electricity supply.

    According to data released by the Brazilian industry association Abeeólica, Brazil's installed wind power capacity has now exceeded 16GW, with 637 wind farms and a total of 7,738 turbines
    .

    Taking into account projects that have already been signed only through government electricity auctions and free electricity market contracts, Brazilian wind capacity is expected to grow to 24.
    2GW
    by 2024.
    Over the past decade, the country's energy has grown significantly, as the installed capacity in 2010 was only 928MW.

    With the new auction, the transaction volume will be greater
    .
    It is also important to note the importance of the free electricity market, as in 2018 and 2019 the free market had a higher
    number of contracts than the regulated market.

    Due to the viral pandemic, Brazil has postponed all six electricity tenders originally planned for this year as it recalculates the criteria for
    signing new electricity supply contracts.
    Despite this, according to Gannoum, head of the association, wind power will continue to grow
    in Brazil despite the economic crisis.

    "Of course, the pandemic will affect the sector because the reduction in energy demand is significant, which will affect the upcoming auctions, but it is still too early to talk about numbers because the free electricity market has been growing rapidly
    ," Gannoum added.

    Last year, wind energy became Brazil's second largest source of electricity, after hydropower
    .
    The country's average wind energy utilization rate was 42.
    7% in 2019, higher than the global average of 34%.

    Most of the country's electricity is located in the northeast, which accounts for 88.
    8%
    of the total electricity supply.

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