Competitive Strategies for Renewable Energies: Brazilian Market Article Swipe
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· 2023
· Open Access
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· DOI: https://doi.org/10.1007/978-3-031-38563-6_34
· OA: W4385500481
Renewable energy sources are sustainable alternatives for the electrical and energy development of countries. This paper analyzes the different mechanisms applicable to the Brazilian scenario. Brazil has several fronts and has direct policy instruments, such as subsidies and tax incentives, and indirect mechanisms. We analyze the need to expand existing mechanisms, implement new strategies, and improve the dissemination of existing programs to increase public awareness and pursue of a more efficient renewable energy transition. The participation of renewable sources, such as solar and wind, are gaining more and more space in the energy market in Brazil and much of this is due to incentives, such as tax and tariff rebates and long-term contracts. In 2021, the expansion of the Brazilian electric matrix was almost 1 GW (957.03 MW), according to the National Agency of Electrical Energy (ANEEL). Of this total power, 80% comes from renewable plants, from wind, hydro and solar sources.