Wednesday, 20 February 2013

Brazil Renewables Market Report Q2 2013

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Brazil Renewables Report Q2 2013
Feb 20th 2013, 00:00

BMI View: We have slightly revised down our 2013 forecast for non-hydropower renewable energygeneration due to a worsening economic outlook. In particular, we expect that the underperformance offixed investments in the country and shrinking margins in the banking sector could undermine investment innew capacity and dampen growth in electricity consumption. We remain relatively bullish over the longtermas renewable energy appears to be the government''s answer to rapidly growing electricity demandsfrom the country. Wind energy appears to be the forerunner in the sector, due to positive economic andenvironmental factors.We have revised down our 2013 forecast for no...

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