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Decision paves the way for sectors rapid growth
Brazil’s Federal Senate has passed the country’s offshore wind bill, passing the legislation on to the President for final approval.
The bill paves the way for the offshore wind sector to establish itself in the country and deliver clean, secure, and green energy.
Offshore wind also presents a huge opportunity for Brazil to play a key role in the global wind industry supply and support the global energy transition on the path to Net Zero.
The development of offshore wind sets Brazil on track for a new era for wind energy. Offshore wind energy will also provide several benefits to the country, it economy and wider society.
For example, through the attraction of new investments to the country, job creation, energy security (thanks to reduced variability and offshore wind’s high-capacity factor) and an energy system that helps Brazil meet its climate change targets.
CEO of the Global Wind Energy Council Ben Backwell said: “Parabens Brazil! The passing of the Offshore Wind Bill marks the birth of a new industry, with wind getting ready to be a key enabler for an era of green industrialisation in the country.
“There are already around 100 applications for offshore wind projects in Brazil, which represents more than 230GW of new, clean renewable power.
“Those projects demonstrate the scale of this bill for Brazil – it unlocks new jobs, rejuvenated industry and a renewed economy.
“The development of offshore wind will help Brazil reinforce its leadership in the energy transition.
“Access to cheap and abundant green electrons will put Brazil in pole position to produce green products through electrification and green hydrogen, and play an important role in the global wind supply chain.
“As Brazil takes over the COP Presidency, the Offshore Wind Bill demonstrates what climate leadership looks like, turning ambition into action and putting renewable capacity at the heart of a country’s climate goals.”
Global Wind Energy Council policy director for Brazil Roberta Cox said it was “a historic moment” for Brazil.
She added: “The regulation of offshore wind power positions the country at the centre of the global energy transition and delivers a unique opportunity to build an industry which will be a key pillar in modern Brazil.” |
