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Home » News » Brazil’s Renewable Energy Subsidies Expected to Surpass Fossil Fuel Support by 2024, Says Regulator
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Brazil’s Renewable Energy Subsidies Expected to Surpass Fossil Fuel Support by 2024, Says Regulator

By James AndersonFebruary 12, 20242 Mins Read
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Brazil's electricity industry regulator, Aneel, has forecasted that subsidies for renewable energy sources in the country will surpass those allocated to fossil fuel-powered thermoelectric plants by 2024, potentially impacting taxpayers' electricity bills. According to Aneel's general-director Sandoval Feitosa, discounts granted to wind and solar projects for utilizing transmission and distribution systems are projected to amount

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