Coal Power Extension Delays Offshore Wind Approval in Brazil

Santiago da Silva dos Santos
1 min read

A tussle in the Brazilian National Congress to prolong coal-fired power plant contracts is hindering the long-awaited offshore wind industry in Latin America's largest economy. A bill to regulate the sector is currently at a standstill in the Federal Senate after a group of deputies introduced a series of amendments, including one to extend coal-fired power plants until 2050. Environmentalist lawmakers are discontent with this move, and even Petrobras has criticized the decision. The delay in approving the offshore wind industry poses a significant challenge amidst the ongoing battle for energy supremacy.

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