Energy Storage in Brazil – Prospects and Challenges

Renewable energies are gaining in importance due to rising electricity tariffs, falling equipment cost, and partially also due to changes in rainfall patterns that affect reservoirs of large hydropower plants, especially in Northeastern Brazil. Many private individuals, SMEs, but also the agricultural sector are looking for cheaper alternatives to self-supply through solar energy. In part significant hurdles are again posing challenges for market entry in Brazil. A distinction must be made between structural obstacles and cyclical difficulties. But what exactly do they look like? In this podcast episode, Markus Vlasits, director of NewCharge Energy, will take a look at the prospects and the challenges of energy storage in Brazil.