Energy Transition in Brazil
Development of the Brazilian Energy Transition narrative
In an environment of profound transformation, Brazil must develop a consistent narrative for its energy transition, which can be used as a geopolitical asset in international commercial and climate negotiations. Without its narrative, the country is subject to international narratives, with diverse interests, and may miss opportunities to add value to its economy.
Brazil can take the lead in the international race for the energy transformation of the economy because it is already part of a low carbon energy matrix and has significant resources of low (or zero) emission for the expansion, with complementarities and that are economically competitive. The strategic use of resources will be necessary for the country to benefit from the energy transition, which may reduce the cost of energy with positive impacts for the productive sector and society in general.