Ouagadougou brazil wind power storage

How will Brazilian wind project development affect CER prices?

On the global level, there is a fall in CER prices; on the national level, in some countries, including Brazil, state-owned banks that financed most of the wind power development are scaling down their participation. Therefore, Brazilian wind project developers will have to seek new sources and instruments for private financing.

What are the environmental co-benefits of Brazilian CDM wind power projects?

For Brazilian CDM wind power projects, the baseline scenario is the generation of electricity using hydroelectric and thermoelectric power stations. Therefore, as expected, the most frequently identified environmental co-benefit in ex-post analysis was improvement in air quality.

Do offshore wind projects need environmental licensing in Brazil?

According to the Brazilian Institute for the Environment and Renewable Natural Resources offshore wind projects have requested environmental licensing, representing the strong appetite for development in Brazil. What to expect in 2024

Does Brazil have a potential for wind power?

On the other hand, Brazilian potential for wind power generation is large and still underexplored. Its northeastern region has the biggest potential while being one of the least developed.

Why did Brazil join the global offshore wind Alliance?

In addition to the bill, Brazil sent important signals to the market by joining the Global Offshore Wind Alliance forming an inter ministerial council to discuss offshore wind regulation and signing up to the sideline pledge to triple global renewable energy capacity by 2030 at COP28.

Where does wind power come from in Brazil?

In order to fully represent the northeastern Brazilian wind power sector, the criteria used to select the sample of 10 projects considered their location, with a focus on areas where wind production was greatest: Rio Grande do Norte, with 13.64 Terawatt-hour (TWh), Bahia (11 TWh) and Ceará (5.53 TWh) (Abeeolica, 2019).