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Growth Opportunities in the Brazilian Wind Power Market
Market |
Environmental |
Report Type |
Market Research |
Country |
Brazil |
Published |
24 July 2012 |
Number of Pages |
51 |
1-3 hours, 24 hour max |
|
Publisher |
Frost and Sullivan |
File Format |
Growth Opportunities in the Brazilian Wind Power Market - Maximizing Market Growth Opportunities in the Energy Sector
The Brazilian wind power market has experienced tremendous growth during the last years as a consequence of increasing government concerns about the need to diversify the national generation base and assure energy security and independence. In addition, other factors, such as rising energy prices and government incentives for renewable energy, have contributed to the acceleration of market growth.
The Brazilian market plays a secondary role compared to the global market. In 2010 the Brazilian market reached 831 MW of installed capacity, which represents less than 0.5 per cent of the global market. The Brazilian wind power market will have 7,782 MW of cumulative installed capacity by the end of 2016.
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