A study released by Net Zero Industrial Policy Lab (NZIPL), from Johns Hopkins University in the United States, positions Brazil as one of the four countries with the greatest potential to lead the global energy transition by 2050, alongside China, the United States and Russia.
The study It also highlights seven key sectors where Brazil can excel in the clean energy transition. These include critical minerals, batteries, biofuel-powered electric vehicles, sustainable aviation fuels, wind power, low-carbon steel, and green fertilizers. These areas represent opportunities for growth and innovation, strengthening the country's green economy.
Brazil's position is due to its advantages, such as a strong presence of renewable sources in the energy matrix, vast reserves of strategic minerals, and a consolidated industry. According to Yuri Pinto, Energy Research Analyst at the Energy Research Company (EPE), "in 2024, the energy matrix of the National Energy Balance (BEN, EPE) indicated that renewables represent 50% of Brazil's Internal Energy Supply (OIE)."
Big player
Currently, Brazil is already a major player in the clean energy sector, the third-largest wind energy market in the world. Its battery production capacity reaches 15 GW, equivalent to 1,2% of global production. To further advance, the study recommends that the resources provided by the New Industry Brazil program be used strategically, focusing on priority sectors and investing more in education and innovation.
The country also stands out for its clean electricity matrix, with approximately 90% of its energy generated coming from renewable sources such as hydroelectric, solar, wind, and biomass. Solar energy has already surpassed 55 GW of installed capacity, while wind energy has over a thousand parks and approximately 31 GW in operation. These sectors have already generated over 1,3 million jobs and helped significantly reduce COXNUMX emissions.2.
Yuri emphasizes the importance of this moment: "Brazil has great potential to be a leading player in the energy transition and the global green economy. Investing in low-emission energy sources not only helps the environment but also creates opportunities for growth and socioeconomic development for the country."