Asset Publisher

Single title

Panorama of Renewable Energy:

the Industrial Sector in Latin America

EKLA-KAS supports this study, organized in cooperation with GVces, to provide information to policymakers and politicians in Latin America on how innovative and efficient economic instruments, alongside public policy proposals, can promote renewable energy in the region.

Asset Publisher

Electricity is an essential input for industrial activity and guaranteeing its supply is fundamental for the development of the economy and the growth of industrial production. As such, in order to guarantee more adequate conditions of productivity and competitiveness for the industry, a possible route is to become more energy efficient. In this sense, actions that promote the implementation of energy efficiency (EE) and the adoption of renewable energy (RE) are influential on environmental and economic issues.

Of the totality of EE projects developed in Brazil, which consist of making processes more efficient and increasing and improving production while lowering energy consumption, 40% are allocated in the industrial sector. This indicates the performance of this sector in respect to EE. However, it is also necessary to encourage the diversification of the energy matrix of the sector, aiming for greater security in meeting energy demand, with an emphasis on renewable sources. These are important elements for the strengthening of the Brazilian industry in the global market.

This study aims to present an overview of industrial energy consumption of renewable sources in Brazil and some Latin American countries, such as Chile, Colombia, Mexico, and Peru. Product of a partnership between the Center for Sustainability Studies of the Getulio Vargas Foundation (GVces) and the Regional Programme Energy Security and Climate Change (EKLA) of the Konrad Adenauer Foundation (KAS), the study presents elements for the promotion of the use of RE in the Brazilian industrial sector, both from the perspective of public policy and finance mechanisms for such projects. The report provides a comparative analysis of international experiences on the subject, addressing the features of each country in relation to its use of RE, legal frameworks, obstacles, and financing mechanisms.

The first chapter presents the context of climate change and greenhouse gas (GHG) emission reduction targets adopted by the countries analyzed which encourage the adoption of RE as a way of mitigating and adapting to the effects of climate change. The second chapter presents the international experiences of the Latin American countries under analysis. It also provides an overview of the RE status and energy consumption of the industrial sector in each country. The third chapter presents a comparative analysis of the aspects put forth in chapter 2, discussing the obstacles and opportunities for the progress of RE in the industrial sectors of each country.

And, lastly, the final considerations of the work are presented.

The study is available for free download.

Asset Publisher

Contact

Karina Marzano Franco

Logo Programa Regional EKLA KAS inglés

comment-portlet

Asset Publisher

Asset Publisher