Brazil power demand looking stronger in 2013, says wind body

Brazil may contract 6GW of new power projects next year offering good opportunities for the wind industry, despite investor misgivings over recent government policy announcements, says the country's wind association.

Abeeólica believes the country’s economy will grow at a pace of 3.5% to 4% in 2013, and that electricity demand should outpace this.

“This gives us good expectations [for wind] in 2013,” says Elbia Melo, president of Abeeólica, at a debate on renewable energy at the Brazilian British Centre in São Paulo.

This year has been characterised by low demand because of stagnant GDP growth and other “sector issues”, including an expected oversupply of power for 2015, when projects contracted in 2012 would have to come on line.

Repeated delays to government…

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