The Brazilian PV market, fresh prospects with PDE 2026

The Brazilian energy agency, EPE and the Ministry of Mines and Energy (MME) have published the long-awaited 10-year Energy Expansion Plan, known as the PDE 2026 (Plano Decenal de Energia), with a provision of $430bn to help the country’s energy sector. According to PDE 2026, the domestic energy offer needed to drive the Brazilian economy to 2026 will be 351 Mtep. As a result, EPE forecasts that the installed capacity in the National Interconnected System (SIN) over the next decade will rise by 64 GW from 148 GW to 212 GW. Around 50% of this growth will come from non-conventional renewable sources. EPE forecasts that renewables, excluding hydropower, will achieve a 48% share of the energy mix by 2026.

Every year, Brazil publishes a 10-year proposal, the Energy Expansion Plan, which examines the estimated development of the country’s energy sector and offers a forecast of what will be achieved over the course of the decade. Due to changes in both the government and at EPE, there was no proposal last year, which is why publication of the current plan has been so eagerly anticipated.

FuturENERGY
 

Under the new reference scenario, the new PDE targets utility-scale solar to achieve 9,660 MW by 2026, rising from 21 MW in 2016. Combining these 9,660 MW with the deployment of 3.5 MW in distributed PV generation, total solar installations would exceed 13 GW by 2026. Read more...

Article published in: FuturENERGY July-August 2017