LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

August 11, 2023

What Will Eletrobras Prioritize With its Investments?

Brazilian power company Eletrobras is set to invest between 70 billion and 80 billion reais ($14.73 billion-$16.83 billion) over the next five years. // File Photo: Brazilian Government.

Q

A

Peter Baumgaertner, partner at Holland & Knight: “Brazil accounts for approximately 7 percent of the Earth’s renewable energy production and is a leader in biofuels and hydropower technologies. Eletrobras is set to invest between $14.73 and $16.83 billion during the next five years for generation, transmission and maintenance work. Brazil should continue its leadership in energy innovation by investing in green hydrogen technologies and infrastructure. As fuel and industrial feedstock, green hydrogen will contribute to decarbonizing the world’s energy matrix, creating a $200 billion investment opportunity in Brazil over the next 20 years. The Brazilian government is developing a regulatory framework for the production and commercialization of green hydrogen with hopes that a hydrogen law will be presented for consideration by Brazil’s Congress in the fourth quarter of 2023. Transportation of green hydrogen remains a challenge, so…”

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ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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