Published February 15, 2025 | Version v1
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Advancing Renewable Energy Decarbonization: Policy Insights for Brazil

  • 1. ROR icon Universidade Federal do Rio de Janeiro
  • 2. ROR icon Universidade Federal Fluminense

Description

This report examines pathways for advancing renewable energy and decarbonization in Brazil, analyzing three scenarios: Business as Usual, expanded Distributed Generation Photovoltaic (DGPV) adoption, and increased electric vehicle (EV) use. Key findings highlight the importance of financial incentives for DGPV expansion, with a 35% cost reduction in solar technology expected to have a significant impact by 2042. A projected 20% increase in EVs by 2050 would contribute to a 20% emissions reduction with minimal strain on the electricity system. The report recommends long-term policy planning, integrated renewable energy and transportation policies, and further research on EV adoption and implementation challenges.

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Additional details

Funding

World Bank Group

Dates

Other
2025-02-15
Report