Brazil

energia_brasile

Brazil ranks today as the world's 10° energy consumer, a position that will likely evolve in line with the growth in importance of the largest economy of the subcontinent.
In the face of such strong demand, growing and increasingly concentrated in large urban and industrial centers, the Country is also one of the largest producers of energy resources and electricity on the planet.

Liberalized since the late 90s, with the creation of Authorities of coordination and control, the Brazilian energy market is however dominated by Petrobras for primary sources, and Eletrobras for generation and distribution.

Brazilian proven oil reserves, ranked 15th in the world, are now being re-assessed since the discovery of huge submarine deposits "Pre-Sal", which are the object of an investment plan of unprecedented scale.

Rich in coal, natural gas, uranium, Brazil also harbours some of the planet's largest renewable generation units such as the Itaipu dam, the second-largest Hydro Plant in the world.

The generation and distribution infrastructure is evolving rapidly, spurred by economic growth which still causes recurring blackouts. This state of affairs is bound to feed further investment, in the run-up to a set of international events that will soon be hosted by Brasil – the football World Cup in 2014 and the Olympics in 2016.

Infrastructure and real estate development add to the Country's energy needs and will continue to do so: the development potential for the Brazilian Energy Market could not be more open.