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According to specialist Sophia Costa, head of new business at Holu, projections indicate that the lithium battery market in Brazil will grow at a compound annual rate of between 20% and 30% until 2030.
The recent rise in energy prices with the activation of the red flag for the month of September - reflecting the increase in the cost of generation due to water shortages - has rekindled the concern of Brazilian consumers about the security of the supply of electricity and the protection against energy inflation in the country. With a drop of about 85% in the price of batteries on the international market, storage systems are now considered a necessary and attractive investment for homes, businesses, industries and rural properties.
This is the assessment of Sophia Costa, Head of New Business at Holu, a provider of solutions for the marketing and installation of solar energy systems and sustainable technologies in Brazil. According to the executive, market analysts projections indicate that the lithium battery sector in Brazil should grow at a compound annual growth rate (CAGR) of between 20% and 30% until 2030.
“We have observed that the market for battery energy storage systems (BESS) is on the rise worldwide, and that the use of lithium-ion batteries is becoming a reality in many parts of the world. Currently, it is estimated that more than 2 million batteries have already been installed in homes, especially in countries such as the United States, Germany and Australia. The arrival of this technology in Brazil was only a matter of time,” he says.
“In the coming years, Brazilian households and businesses alike will adopt these systems on a large scale, driven by the quest for greater energy security, sustainability and independence from traditional power grids,” Sophia adds.
This trend is corroborated by a recent study by the International Energy Agency (IEA), which shows that global installed battery storage capacity is expected to increase from 200 GW last year to more than 1 TW by the end of the decade, reaching almost 5 TW in 2050.
Holus executive recalls that, here in Brazil, the trend towards greater use of batteries was widely perceived during Intersolar South America, one of the worlds largest fairs for solar energy and related technologies, which took place in São Paulo (SP) at the end of August , with hundreds of international manufacturers bringing new storage solutions to the Brazilian market.
According to the expert, the reduction in battery prices is allowing more consumers to consider installing energy storage systems, not only as a backup solution, but also as a way to protect themselves from energy inflation, reduce costs and eliminate losses resulting from supply shortages.
“Firstly, energy security is one of the main benefits, as it prevents financial losses resulting from interruptions in the power supply. For businesses, especially those that rely on continuous power, such as shops, restaurants and markets, batteries ensure that operations do not come to a standstill, avoiding substantial losses, such as spoilage of refrigerated product stocks,” explains Sophia.
“In homes, in addition to protecting appliances from damage caused by power surges, batteries ensure the comfort of residents during blackouts, preserving food and even wine in cellars, and ensuring the continuity of critical services for people who depend on medical equipment, such as home ICUs,” adds the Holu executive.
The expert also points out that, although lithium batteries are usually associated with rooftop solar systems, their use is not restricted to those who have photovoltaic panels. “Batteries can be charged directly from the electricity grid and used as a backup in the event of power failures, making them a versatile solution for both homes and businesses seeking greater autonomy and energy security. In addition, these batteries can operate both in isolated systems, providing total independence from the electricity grid, and in grid-connected systems, supplementing the energy supply in the event of interruptions or failures in the grid,” he concludes. |