The Future of the Brazilian Wind Energy Market by GlobalData

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The Future of the Brazilian Wind Energy Market

Summary

Brazil is now looking to diversify its energy portfolio by inviting bids for wind projects. The Brazilian government plans to hold its first wind tender in November, and continue with auctions every year to promote wind development. The government aims to attract a newly-added capacity of 1000 MW annually for six to ten years through yearly tenders. However, the mandate for sourcing 60% of a project’s value-add from within the country, high import taxes, high infrastructure building costs and tight financing conditions are expected to restrain the wind market growth. Brazil is most likely to miss the government’s target of achieving 5000 MW of installed capacity by 2015. The wind market in Brazil is expected to grow from 542 MW in 2009 to 2500 MW by 2015 at a CAGR of 29% and save 510,625 tons of carbon emissions annually by 2015.

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									The Future of the Brazilian Wind Energy Market
Reference Code: GDAE0054VPT Publication Date: JUN 2009

Alternative Energy Viewpoint
© GlobalData: This brief is a licensed product and is not to be photocopied Source: www.alternativeenergyetrack.com

GDAE0054VPT / Published JUN 2009 Page 1

Table of Contents

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Table of Contents
Table of Contents
List of Tables List of Figures

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GlobalData Viewpoint
Summary

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The Future of the Brazilian Wind Energy Market
Wind as a Complementary Power Source Optimistic Targets Growth Forecasts Silver Linings Conclusion

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Appendix
Methodology About GlobalData Contact Us Disclaimer

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Alternative Energy Viewpoint
© GlobalData: This brief is a licensed product and is not to be photocopied Source: www.alternativeenergyetrack.com

GDAE0054VPT / Published JUN 2009 Page 2

Table of Contents

1.1
Table 1: Table 2: Table 3: Table 4: Table 5: Table 6: Table 7:

List of Tables
The Latin America Wind Power Market, Regional Split by Cumulative Installed Capacity, Percentage, 2008 ...7 The Brazil Wind Market, Historical Cumulative Installed Capacity, MW, 2001-08 .................................................9 The Brazil Wind Market, Wind Farm Cost, US$ Million/MW, 2003-09 ...................................................................11 The Brazil Wind Market, Forecast Cumulative Installed Capacity, MW, 2009-15 ................................................12 The Brazil Wind Market, Forecast Carbon Savings, Tons, 2009-15........................................................................13 The Brazil Wind Market, Forecast Average Number of Homes Powered, 2009-15 .............................................14 The Brazil Wind Turbine Market, Historical and Forecast Revenues, US$ Million, 2003-15 ...............................16

Alternative Energy Viewpoint
© GlobalData: This brief is a licensed product and is not to be photocopied Source: www.alternativeenergyetrack.com

GDAE0054VPT / Published JUN 2009 Page 3

Table of Contents

1.2

List of Figures
The Latin America Wind Power Market, Regional Split by Cumulative Installed Capacity, Percentage, 2008..7 The Brazil Wind Market, Historical Cumulative Installed Capacity, MW, 2001-08 ................................................9 The Brazil Wind Market, Wind Farm Cost, US$ Million/MW, 2003-09...................................................................11 The Brazil Wind Market, Forecast Cumulative Installed Capacity, MW, 2009-15...............................................12 The Brazil Wind Market, Forecast Carbon Savings, Tons, 2009-15 ......................................................................13 The Brazil Wind Market, Forecast Average Number of Homes Powered, 2009-15............................................14 The Brazil Wind Turbine Market, Historical and Forecast Revenues, US$ Million, 2003-15..............................15

Figure 1: Figure 2: Figure 3: Figure 4: Figure 5: Figure 6: Figure 7:

Alternative Energy Viewpoint
© GlobalData: This brief is a licensed product and is not to be photocopied Source: www.alternativeenergyetrack.com

GDAE0054VPT / Published JUN 2009 Page 4

GlobalData Viewpoint

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2.1

GlobalData Viewpoint
Summary
Brazil is now looking to diversify its energy portfolio by inviting bids for wind projects. The Brazilian government plans to hold its first wind tender in November, and continue with auctions every year to promote wind development. The government aims to attract a newly-added capacity of 1000 MW annually for six to ten years through yearly tenders. However, the mandate for sourcing 60% of a project’s value-add from within the country, high import taxes, high infrastructure building costs and tight financing conditions are expected to restrain the wind market growth. Brazil is most likely to miss the government’s target of achieving 5000 MW of installed capacity by 2015. The wind market in Brazil is expected to grow from 542 MW in 2009 to 2500 MW by 2015 at a CAGR of 29% and save 510,625 tons of carbon emissions annually by 2015.

Alternative Energy Viewpoint
© GlobalData: This brief is a licensed product and is not to be photocopied Source: www.alternativeenergyetrack.com

GDAE0054VPT / Published JUN 2009 Page 5

GlobalData Viewpoint

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The Future of the Brazilian Wind Energy Market
Brazil, renowned for its ethanol, is looking to boost the share of wind energy in the country’s power generation portfolio to ensure security of the power supply. Brazil plans to hold an auction every year, starting in November 2009, for attracting bids for wind investment. With these auctions, the government aims to sell up to 1,000 MW of wind capacity each year, for the next six to 10 years. This is expected to boost the growth of the wind market in Brazil.

The development of
								
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