Brazil approves target for 10% renewable power by 2018

SeeNews Renewables — Brazil’s Commission of Mines and Energy has approved a measure that calls for the country to cover at least 10% of its annual electricity consumption from renewable power sources. The new measure was given the green light on Friday and is an addendum made by deputy Antonio Carlos Mendes Thame to the 3986/08 bill project. Thame made two amendments to the text. The first one permits biomass plants of 30 MW to 50 MW to retain their right for tariff usage discount of up to 30 MW as specified by the law. The discount which is for […]

By Derick Lila October 1, 20150

SeeNews Renewables — Brazil’s Commission of Mines and Energy has approved a measure that calls for the country to cover at least 10% of its annual electricity consumption from renewable power sources.

The new measure was given the green light on Friday and is an addendum made by deputy Antonio Carlos Mendes Thame to the 3986/08 bill project.

Thame made two amendments to the text. The first one permits biomass plants of 30 MW to 50 MW to retain their right for tariff usage discount of up to 30 MW as specified by the law. The discount which is for minimum of 50% of the distribution and transmission system usage tariffs is also valid for consumers of this type of energy. The second change exempts biomass and steam sales operations for power generation from the PIS/Pasep and Cofins taxes.

Currently, wind and biomass sources account for 6.18% of Brazil’s energy mix, according to information from national power sector regulator Aneel, quoted in the government press release.

The bill will now be reviewed by the Constitution, Justice and Citizenship Committee.