Showing posts with label Brazil Hydropower Market Research Report. Show all posts
Showing posts with label Brazil Hydropower Market Research Report. Show all posts

Wednesday, August 1, 2018

Understanding The Hydroelectricity Industry In Brazil: Ken Research


Brazil has immense potential for hydropower which is highlighted by the number of operational projects and the even bigger number of projects that are still in construction phase. Many companies are trying to take advantage of this potential by actively participating in these activities. According to the study, ‘Hydropower In Brazil, Market Outlook To 2030, Update 2018 - Capacity, Generation, Investment Trends, Regulations And Company Profiles’, some of the companies that operate in brazil for hydropower generation include RenovaEnergia S.A., Neoenergia S.A., ItaipuBinacional, FURNAS CentraisEletricas S.A, CPFL Energia S.A., CompanhiaHidroEletrica do Sao Francisco, CentraisEletricas do Norte do Brasil S.A., VotorantimEnergia S.A, TractebelEnergia S.A.andCompanhiaEnergetica de Sao Paulo. Brazil has some of the world largest dams. Although, China has the largest dam however; Brazil has the second largest dam built on Parana River, Itaipu. After the completion of Bela Monte hydroelectric power plant in the Amazon Basin would become the words third largest project in the world.

Rising greenhouse gas emissions across the world have been a major cause for climatic changes. Countries across the world are adopting renewable forms of energy generation such that the world can be protected for future generations. One of the most prominent renewable forms of energy generation is hydropower. Significant majority of renewable forms of energy production is being completed via hydropower plant projects. Hydroelectric power plants are the main source of energy generation in some of the countries. One of these countries is Brazil. Not onlyBrazil but hydropower is the main form of energy generation in the entre Latin America followed by bioenergy. Brazil has one of the highest hydropower generation capacities and this form of energy will play a major role in the coming decade.

In Brazil, government authorities have adopted a two-fold method to prevent environmental degradation. First being the usage of renewable forms of energy and actively promoting it especially hydroelectric energy production followed by ensuring efficient utilisation of resources such that there is minimum wastage. Some studies suggest that Brazil has fully exploited its hydroelectric potential in many areas which is why it is necessary for the country to shift its attention to the Amazon region which is still in nascent stage of development.

The average time for completion of a single hydroelectric power plant is nearly a decade and although the government is implementing the concept of hydroelectric plants however, these plants also cause some damage to the environment. Companies are actively trying to come up with technologies that significantly reduce the construction time for the power plants and also simultaneously reduce the negative environmental impact associated with the construction of hydroelectric power plants.

The potential for hydroelectricity is immense in Brazil which is simultaneously being exploited by not just the government but also by many companies. The competition landscape is segmented with only those companies holding a high share in the market which have the capability to make huge capital investments. There are numerous firms which offer their services to these companies and are also expecting a huge growth in the future. The country is showing immense growth in the hydroelectric industry which is expected to be carried to the future.

For more information on the research report, refer to below link:-

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