Brazil is already a mature power market where power production is well regulated and the private sector plays a significant role. Despite generating close to 80% of electricity from hydropower, it needs significant investments (4,000 MW/year) to satisfy the huge economic growth expected. Power consumption in Brazil is still 63% below the European Union average. Brazil has one of the biggest installed hydropower capacity in the world. This has enabled the country to have a cheap and very stable source of power for the development of its economy. Brazil is therefore very keen on expanding this installed hydro power base, especially as the remaining hydro potential is estimated at 180 GW.
Current operating concessions and projects
Concessions under development
The group owns a further 76MW of concession rights for which the company is expecting environmental clearance.