The Energy sector plays a pivotal role in economic and social development by supplying what might be described as the “flow of blood” to production and transportation systems. Its main objective is to ensure the reliable, affordable and clean energy needed by modern societies, thus contributing to well-being and prosperity around the globe.
The Energy sector involves the generation, transmission and distribution of electricity derived from a variety of sources, including fossil fuels, nuclear power and renewable sources. It also includes activities concerned with fuels themselves, which extend along the entire value chain, such as oil and gas extraction and transportation, coal mining, refining of petroleum products, and wholesaling and retailing of fuels.
Latin America is one of the brightest spots for the global renewable power industry, thanks to its massive natural potential. The region had the fourth largest renewable power generation installed capacity in the world as of the end of 2022, ...
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Latin America* is betting big on renewable energy. Between 2015 and 2020, the region’s renewable energy (RE) capacity expanded by a cumulative 33% (65 GW) to reach 261 GW in the final year of that period, according to data provided by ...
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Brazil ranked fifth among the main global renewable energy producers in 2019, following China, the United States, Canada and Germany. Among the more traditional energy sources, Brazil is second only to China in hydropower and biomass ...
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The electric power sector is usually one of the first industries that are affected by crises, and in Brazil it was no different. The 2015 recession had dampened growth and investments, but 2019 promised a solid recovery in years to come. ...
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Brazil's power consumption accelerated slowly in 2017 and 2018, going hand in hand with the sluggish recovery of domestic economy. In addition, as of late 2019 businessmen and investors were still evaluating the commitment and ability of president ...
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Brazil ranked third globally in 2018 in terms of installed capacity from renewable energy sources, after only China and the United States. It is first by installed biomass capacity, second in terms of hydropower capacity, and eighth regarding wind ...
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