Energy: Brazil is way behind!
As the world changes its electricity matrix to renewable, there is the possibility of comparing costs among countries.
Generating wind, solar, and hydro power essentially requires the same investment in $/kW installed, around the globe.
What really changes from country to country is the difference between the investment cost and the energy price practiced, whether via regulated tariffs or in the free market.
Brazil shows itself at the bottom of the market. When comparing with the BRICS (Brazil, Russia, India, China and South Africa) countries, we are the highest priced in $/kWh.
And with the universalization of renewable energies, the tendency is for Brazil to consolidate its position as a loser.
When will we wake up to this harsh reality?
Rafael Herzberg
Expert Member
Top Contributor