Hydroelectric power plants remain the backbone of Brazil’s power industry, as they provided 60% of electricity generated in 2023. There are three major cascades of HPPs in Brazil: the Paraná River cascade that includes the 14 gigawatt (GW) Itaipu HPP, which had long been the world’s largest HPP; the HPP cascade on the Tietê River in the state of São Paulo, where hydroelectric power plants are used not only for energy supply, but also to reduce floods and enable navigation; and a cascade of HPPs on the Madeira River, which consists mainly of low-pressure run-of-the-river hydroelectric power plants that do not require the construction of artificial reservoirs.
By the end of 2023, the installed capacity of Brazil’s HPPs totaled 110 GW, which is more than half as low as the capacity of all operating power plants in the Unified Power System of Russia (248.2 GW). Meanwhile, the country’s wind and solar generation infrastructure is undergoing rapid development. According to the International Renewable Energy Agency (IRENA), the aggregate capacity of wind and solar in Brazil skyrocketed from 5 GW in 2014 to 67 GW in 2023, with their share in the country’s energy mix rising from 2% to 21% (the share of HPPs fell from 63% to 60% over the same period). The development of renewables was facilitated by cheaper technologies: IRENA estimates that the average global cost of bringing wind generators into operation dropped by 67% (to $876 per kilowatt of capacity) in the period from 2014 to 2022, while that of onshore wind turbines fell by 37% to $1,274 kilowatts (no later estimates are available).
In addition to solar and wind generators, Brazil has several dozen biomass units that use agricultural and industrial waste as raw materials. According to Ember, the share of these units in the country’s energy mix stood at 8% in 2023. Low-carbon sources also include two reactors at the Angra NPP with a total net capacity of 1.9 GW, which were launched in 1982 and 2000, respectively.
The overall share of low-carbon generation in Brazil made up 91% (including nuclear reactors) in 2023, while it was at a mere 41% in the G20 countries. This explains why Brazil became the leader in cutting down emissions from the power sector last year. In 2023, the G20 averaged 2.42 tons of carbon dioxide emissions per electricity consumer, whereas Brazil produced only 330 kg of emissions per consumer.