we have to disassociate world economic growth from ghg emissions

 


Energy transition efforts are under way in different countries, through the implementation of policies that encourage a significant expansion of renewable energy sources in their systems. In addition, technological advances have allowed for consumer distributed actions, aimed at defining the way they want to produce and consume energy. This transformation has been fundamental to favor a low-carbon economy


 



Unlike other countries, Brazil’s energy supply has high contained a large share of renewables. In fact, renewables in Brazil already account for 43% of primary production, while the world average is 14%. This fact together with the abundant potential of natural resources has transformed the "energy transition" into a concept that is country different from other countries. On the one hand, the country has an abundant and renewable set of resources that functions as a portfolio, allowing it to leverage the low-carbon characteristic of its matrix further. On the other hand, Brazil needs to create the technical, regulatory, economic, and financial foundations to allow this to become a reality and a competitive advantage for the country. Finally, the Brazilian energy transformation will pass through an individual action of society, which will seek to choose the way it consumes and produces its energy, becoming an active agent, and decentralizing this transition.



Brazil has several ways to build its energy transformation. The economic competitiveness of renewables allows its extension. The synergy of production with other sources allows its integration into the electricity system at potentially lower costs than those observed in other countries. The penetration of distributed resources - distributed generation, energy storage, demand-side response, and energy efficiency, as well as the acceleration of the sector's digitalization process - will be essential to enable the country, together with biofuels, to capture the benefits of this transformation in the best possible way.

 




Principle-based decision making, which means preparing objective and conceptual criteria for policy development.

Favorable innovation policies and regulatory frameworks with solutions that benefit from best international technical and economics practices.

Ongoing planning in a changing world, improving procedures with a focus on long-term scenarios and proactive decisions.

Communicating with and engaging stakeholders. This includes everything from understanding policy objectives to public consultations, in addition to enabling industry to hold a well-qualified debate among stakeholders.

Thereby, Brazil will in fact play a leading role towards the low-carbon economy and development.