Competitiveness of renewable

Competitiveness of renewable

The massive introduction of solar and wind energy around the world is about to open up a painful reality for us Brazilians.

We are more expensive than the competitive world! And what would be the main reason?

The most important cost of a renewable generation source is the amortisation of the investment referred to the energy delivered on a monthly basis.

In Brazil, the interest rate is one of the highest in the world. So the amortisation cost of the same investment here is much higher than in “civilised countries”.

And so, we continue to lose, and by far, in the race for competitiveness.