PSR presents study that guides the Brazilian electricity sector’s contribution to COP30

In October, PSR presented the Electricity Sector Coalition’s baseline study toward COP30, consolidating a technical and strategic contribution to strengthening Brazil’s leading role in the energy transition and climate change mitigation.

The document was officially delivered to Ambassador André Corrêa do Lago, president of COP30, during a high-level meeting held on October 9th in Brasília. The following day, the Electricity Sector Coalition’s content was publicly launched at an event that brought together authorities, experts, and representatives of public and private institutions.

Coordinated by the Brazilian Business Council for Sustainable Development (CEBDS) and developed with technical and strategic curation by PSR, the Coalition initiative was supported by six industry associations (ABRADEE, ABRATE, ABEEólica, ABRACE, ABIAPE, and ABRAGE) and involved more than 70 entities, organized into four thematic areas: Generation, Transmission, Distribution, and Consumption.

The study proposes strategies to consolidate the role of the Brazilian electricity sector as a key driver of the energy transition. It advocates for a sustainable, innovative, and inclusive process, aligned with global decarbonization commitments and capable of reducing emissions in other sectors, such as industry and transportation.

One of the main commitments proposed by the Coalition is to maintain, by 2050, 90% of the national electricity mix coming from clean sources (hydroelectric, wind, solar, biomass, and nuclear). Within this framework, the efficient expansion of Brazil’s generating infrastructure could generate synergies for the national and global decarbonization of the economy by up to 176 MtCO2 per year, equivalent to 42% of the energy sector’s current emissions and 11% of the country’s net emissions.

The study identified that, to meet consumption growth and the electrification of the economy, while maintaining the renewable energy mix in Brazil, an additional 345 GW of clean energy will be needed by 2050. To achieve this goal, the study recommends actions such as eliminating inefficient subsidies, ensuring the economic and financial sustainability of the sector, modernizing tariffs, avoiding compulsory procurement of resources outside of planned periods, and promoting policies to encourage electrification.

See the study’s executive summary at this link:

https://psr-energy.com/docs/sumario_executivo_coalizao.pdf

The full recording of the event is available on the CEBDS YouTube channel, available here.