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.
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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In 2018, Colombia was the sixth largest power generator in Latin America, ranking below countries with similar population levels, such as Argentina and Venezuela. This is mainly a result of the wide disparities in electricity coverage between large ...
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After the passing of the energy reform at the end of 2013, Mexico’s electric power sector experienced positive results. Between 2014 and 2018, power generation grew at a CAGR of 3.1%, supported by a stable 1.7% average annual increase in ...
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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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Colombia ranked sixth in terms of power generation in Latin America in 2017, accounting for 4.6% of total regional output during the period. Hydropower is by far the leading electric energy source in the country with a share of 69.6% of total ...
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Brazil is the world’s second largest producer of ethanol and biodiesel, and a pioneer in developing biofuels as an economically viable alternative to fossil fuels. The main biofuels in the country are sugarcane ethanol – comprising ...
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Mexico remains a regional leader in electricity generation. The positive results of the energy reform continue, on its way to Mexico’s energy independence and integration of clean energy sources. The wholesale market keeps attracting investment ...
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In 2017, electric power consumption in Brazil rose by 0.8% y/y, the first increase in three years, as the country emerged from one of its deepest recessions in decades. The positive trend continued in 2018, when the uptick in electricity demand ...
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