Brazil's Energy Mix Goes Green Even As Oil Production Climbs
Natural Gas Prices Compliance markets are expanding rapidly… Felicity Bradstock is a writer and journalist based in Mexico City.
She writes for energy websites and covers several other industries, as well as writing… Brazil is continuing to expand its renewable energy capacity thanks to favourable national policies and support from foreign investors.
The South American giant has developed an impressive green energy industry in recent years, expanding its oil and gas production to strengthen energy security and establish its reputation as a regional energy hub.
By 2025, Brazil had an impressively low-carbon energy mix, with around50 per centof its energy coming from renewable sources, including solar, wind, and bioenergy.
Brazil has achieved this diversification by implementing long-term energy policies that have primarily focused on energy security.
Its energy-related emissions accounted for less than 20 per cent of the country’s total greenhouse gas emissions in 2023, compared to a global average of around 75 per cent.
In August, Brazil added around 1.68 GW of solar, wind and thermal capacity to the grid,according tothe Brazilian power sector watchdog Aneel.
Twenty new facilities were connected to the grid in August, including 15 solar plants, three thermal power plants, and two wind parks.
This brings total additions in 2026 to 4.85 GW to date, with solar power accounting for 3.5 GW of new capacity.
Brazil now has 221 GW of total installed power generation capacity, almost 85 per cent of which was from renewable energy.
In May, the World Bank’s Board of Directorsapproveda new project to encourage investment in low-carbon industrial commodities, clean fuels, and enabling infrastructure in industrial and energy value chains in the Northeast region of Brazil.
The World Bank announced a $500 million loan as part of a broader $968 million financing package to help Brazil develop the region's largely untapped renewable energy resources.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
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