Published on June 9th, 2011 | by Zachary Shahan8
Brazil to Triple Renewable Energy by 2020 (Focus on Wind)
Germany, South Korea, Japan, and China aren’t the only countries looking to up step on the renewable energy pedal. Brazil, another major world economy, has also recently announced big renewable energy plans.
A new national 10-year plan from Brazil shows that the country will triple its use of renewable energy by 2020 and that a lot of that energy will be wind energy.
Going from 9 GW of wind, biomass and small hydropower in 2010, the country intends to hit 27 GW by 2020. It wants to have 16% of its electricity supply coming from renewables in 10 years.
On wind energy, the country hit the 1 GW milestone in May but plans to get to 12 GW by 2020. Last year’s 10-year plan only had the country getting 6 GW from wind by 2019, so you can see that the country is really stepping up its wind energy goals.
On small hydro, the plan is to go from 3.8 GW (2010) to 6.4 GW (2020). And, for biomass, the plan is to go from 4.5 GW to 9 GW.
Brazil Investing in Renewables Not Fossil Fuels
How is Brazil going to hit its targets? With strong investment in new renewable energy technologies, not continued investment in fossil fuels. Here’s how investment is scheduled to break down:
- R$70 billion ($44.5 billion) for renewable energy sources
- R$96 billion ($60.7 billion) for large-hydro plants
- R$25 billion ($15.8 billion) for fossil projects
The plan was created by Brazil’s energy research center (note: page linked is in Portuguese, but can easily be translated in Google Chrome or Google Translate).
- Climate Policy Initiative Opens Rio Center
- World Cup Just Over, but Transit Planning for Next World Cup in Brazil Already Starting
- Three Major Powers to Stick to Copenhagen Goals Without Legally Binding Agreement