Private firms must be able to compete freely to guarantee renewable energy projects in Brazil, according to Mauricio Tolmasquim, the head of the energy research group EPE, as the South American nation pushes for the greater consumption of clean energy.

He also said all sources of renewable energy – from hydropower to biomass – should participate in auctions, according to a report in El Cronista Comercial.

Tolmasquim confirmed that Brazil’s annual energy demand is growing at 5 per cent and that it will need 61 000 MW added to the country’s energy network, which current has a capacity of 115 000 MW, to meet this growing demand.

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