Released April 14, 2025 | SUGAR LAND
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Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Brazil's Energy Research Company (EPE) published the nation's Ten-Year Energy Expansion Plan 2030, which foresees renewable energy as more than 85% of the power mix, with solar and wind technologies playing an increasing role.
In the next decade, EPE expects wind power generation to increase by 15.5 gigawatts (GW), with 2.4 GW already contracted in 45 wind parks that will come online by 2026, with the remaining 13.1 GW to be operational after 2027.
Brazil's northeast region will be the hubs for wind energy development, though other areas will also see the construction of projects. The northeast is expected to reach 48 GW of installed solar and wind by 2030 and 57 GW by 2033.
Meanwhile, solar power capacity is projected to grow by 13.1 GW, with 4.5GW already contracted across 90 projects, mainly in Brazil's northeast and southeast parts.
As a result of the growth in solar and wind power capacity, hydropower's share in the overall electric system is expected to drop from 54% to 46%. Solar and wind will rise to become 39% of the electricity mix by 2034.
"The plan reaffirms the government's commitment to the security and reliability of energy supply, while also highlighting the importance of sustainability, energy efficiency, diversification of the national energy matrix and actions to decarbonize the economy and other segments of national life," said Minister of Mines and Energy Alexandre Silveira.
In addition to the expansion of power capacity, the plan also condiders investments of 128.6 billion reais (about US$ 21 billion) in grid expansion. Out of this, about 88.3 billion reais (some US$ 15 billion) would be destined for the construction of 30,000 kilometres of transmission lines, representing 17% of the current infrastructure.
Finally, the remaining 40.3 billion reais (about US$ 6.8 billion) would be spent on substations, including transformers, land, buildings, control rooms, equipment, modules and more.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
In the next decade, EPE expects wind power generation to increase by 15.5 gigawatts (GW), with 2.4 GW already contracted in 45 wind parks that will come online by 2026, with the remaining 13.1 GW to be operational after 2027.
Brazil's northeast region will be the hubs for wind energy development, though other areas will also see the construction of projects. The northeast is expected to reach 48 GW of installed solar and wind by 2030 and 57 GW by 2033.
Meanwhile, solar power capacity is projected to grow by 13.1 GW, with 4.5GW already contracted across 90 projects, mainly in Brazil's northeast and southeast parts.
As a result of the growth in solar and wind power capacity, hydropower's share in the overall electric system is expected to drop from 54% to 46%. Solar and wind will rise to become 39% of the electricity mix by 2034.
"The plan reaffirms the government's commitment to the security and reliability of energy supply, while also highlighting the importance of sustainability, energy efficiency, diversification of the national energy matrix and actions to decarbonize the economy and other segments of national life," said Minister of Mines and Energy Alexandre Silveira.
In addition to the expansion of power capacity, the plan also condiders investments of 128.6 billion reais (about US$ 21 billion) in grid expansion. Out of this, about 88.3 billion reais (some US$ 15 billion) would be destined for the construction of 30,000 kilometres of transmission lines, representing 17% of the current infrastructure.
Finally, the remaining 40.3 billion reais (about US$ 6.8 billion) would be spent on substations, including transformers, land, buildings, control rooms, equipment, modules and more.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).