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  • New energy market in Latin America has become "wind" and "water"

New energy market in Latin America has become "wind" and "water"

30-09-2022

From April to October every year, it is the traditional dry season in most parts of Brazil. As a result, the power generation of most hydropower stations in Brazil has declined. However, Brazil has not experienced power supply shortage. The water is not enough, and the wind comes. In the water shortage season, wind power relieves some of the power supply pressure. In northeastern Brazil, wind power has accounted for 72% of the energy use in the region. In the past ten years, wind power has become a rising star in power supply from the experimental industry.

Not only Brazil, but in the face of the impact of the New Coronary Pneumonia epidemic and the sharp rise in international energy prices, many countries in Latin America have taken the energy transformation as the main means to deal with international risks and promote economic recovery in the post epidemic era, introduced a series of policies and measures, expanded the production and application of solar, wind, hydropower, biomass energy, actively reduced the dependence on oil, natural gas, coal and other traditional energies, and laid out a greener A more sustainable energy matrix.

Market vitality

At present, Latin American countries are striving to create a more favorable policy and regulatory environment to promote the diversification of energy supply. According to the data released by the International Renewable Energy Agency, in Latin America, more than 25% of primary energy is provided by renewable energy, twice the global average - there is the most dynamic renewable energy market in the world. A study by the agency predicted that by 2050, the investment in green energy will create 3.2 million jobs in Latin America and contribute 2.4% to the GDP growth of the region.

The roof photovoltaic system of Calvano and the photovoltaic power station of Fortaleza are the epitome of the rapid development of Brazil's photovoltaic industry. According to the data released by the Brazilian Photovoltaic Solar Energy Association, at present, the installed capacity of solar power generation in Brazil is 14 GW, which is equivalent to the power of Itaipu Hydropower Station, one of the largest hydropower stations in the world. In addition, since 2012, the photovoltaic industry has attracted more than 74.6 billion reais of investment for Brazil, created more than 420000 jobs and reduced 18 million tons of carbon dioxide emissions.

Green hydrogen energy (green hydrogen) is truly "green energy". According to the data released by the Ministry of Energy of Chile, Magellan alone produces 13% of the global green hydrogen. Take the city of San Gregorio as an example. By 2027, San Gregorio will have built a green industrial cluster, including a wind power plant with an installed capacity of 10 GW, a hydrogen plant with an electrolytic capacity of 8 GW, a seawater desalination plant and an ammonia plant. Once the project runs at full capacity, it can produce 800000 tons of hydrogen every year, reducing carbon dioxide emissions by about 5 million tons. "In the future, Magellan Region plans to invest more than 15 billion dollars to build four green hydrogen projects to fully tap the potential of wind energy." Juan Carlos Howete, former Minister of Energy of Chile, said.

According to a statement by the Ministry of Mines and Energy Planning of Colombia, the number of wind and solar energy projects in Colombia has increased from two to 21 solar farms, 2 wind farms, 10 large solar photovoltaic projects and more than 3000 small solar photovoltaic projects in the past four years. Tolston, president of the Colombian German Chamber of Commerce and Industry, said, "Compared with 2018, the installed capacity of non-traditional renewable energy (mainly wind and solar energy) in Colombia has increased nearly 100 times, which is of great significance for promoting the diversification of Colombia's energy structure."

Favored by transnational capital

Multinational companies are keenly focused on the Latin American renewable energy market.

On September 22, Amazon was expanding its renewable energy investment through 71 new renewable energy projects in the world, including its first renewable energy project in South America - a solar farm in Brazil, and its first solar farm in India and Poland. Once fully put into operation, Amazon's global renewable energy portfolio will generate 50000 GWh of clean energy, equivalent to the electricity needed to power 4.6 million US households every year.

Under the framework of the joint construction of the "Belt and Road", the participation of Chinese enterprises in clean energy projects in Latin American countries has continued to increase, and the overall investment is growing, playing an important role in achieving the sustainable development goals of Latin American countries.

In May, the signing ceremony of the first batch of mining equipment procurement between Vale Brazil and XCMG Brazil was held in the XCMG Brazil factory in Bausau, Minas. Castro, director of the Natural Environment Bureau of Sao Paulo, the largest city in Brazil, said that China and Brazil have achieved fruitful cooperation in the field of new energy and green development. He hoped to further strengthen cooperation with Chinese enterprises in this field and continue to tap green development potential. Green energy projects invested by China will greatly enhance the local capacity to cope with climate change and create a better environment.

On the banks of the Santa Cruz River in Argentina, China and Argentina are working together to build the Kisai Hydropower Station, the southernmost hydropower station in the world. More than 100 kilometers away from the construction site is Moreno Glacier, one of the only three glaciers in the world whose total area is still growing. From the design to implementation of the project, the protection of glaciers and the surrounding ecological environment is considered everywhere: the dam impounding height is 2.4 meters lower than the original plan, and the hydropower station is also designed with fishways, ecological bottom outlets, etc.

In Punta Sierra, Chile, 32 white wind turbines from China rotate with the wind, generating electricity that can meet the power demand of 130000 households, reducing carbon emissions by 157000 tons annually.

In the future, international cooperation will continue to help build new energy infrastructure and operating environment in Latin America, so as to achieve sustainable development in tropical rainforests and other ecological regions.


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