2014-04-25 07:59:03 - Analyzing the Hydropower Industry in Brazil - a new market research report on companiesandmarkets.com
The hydropower market in Brazil accounted for over 90% of the total renewable electricity generation mix in the country in 2012. Due to this, the country´s overall generation cost is low when compared to countries having a more diversified mix of energy generation sources. Also, in comparison to countries relying on thermal power generation, Brazil´s electricity generation is considered to be more sustainable environmentally.
However with its high reliance on water resources, the country is more vulnerable to a supply-demand gap during long periods of low precipitation in a scenario of increasing energy demand. The Itaipu dam, located on the Parana River in Paraguay and Brazil, is the second largest hydropower project globally after the Three Gorges project in China.
reduces Brazil´s overall generation costs, compared to countries with more diverse sources of supply. And compared to most thermal generation, it is also more sustainable for the environment. However, this dependence makes the country more vulnerable to supply shortages in years with low precipitation, especially given sustained and increasing consumer and industrial demand.
Companhia Hidro Eletrica do Sao Francisco, Centrais Eletricas do Norte do Brasil S.A. And Itaipu Binacional are the top players in the industry.
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