Power & Renewables Committee
Recent developments in the Brazilian power and renewables sectors have shown a number of emerging business opportunities for investment and supply of goods and services by national and international companies. These opportunities are also based on the ongoing and envisaged changes in technology and regulation needed to meet the country's power demand and the need and growth of renewables as a sustainable, primary energy source in a carbon-restrained world.
Enhanced market opening, deregulation and competition are seen as key components of the future Brazilian Power & Renewables Sectors, and a trend which is likely to be kept in view of the huge national needs in whatever oncoming economic landscape.
The UK Government will launch in 2019 an ambitious programme in Brazil to support the country’s transition to low-carbon energies. It will focus on regulatory and technological development.
Objectives and governance
In line with the overall objective of Britcham, the main purpose of the PRC is to provide a forum and events to foster bilateral trade, investment, services and relationships in the Power and Renewables Sectors of Brazil and the UK.
The PRC reports into the Britcham Rio ExCo and will work in close integration / synchronisation with the Oil & Gas Committee and the HMG's DIT due to the clear exchangeability, interface and convergence of issues / themes and interest.
PRC current structure:
President - Fabio Caldas (LightSaber Consultancy), VP - Renato Cordeiro (DIT), Secretary - Adriana Kanhan (Britcham) Members - Ana Terra (DIT), Paula Costa (Ulhoa Canto), William Ballantyne (Britcham), Richard Taylor (Taylor Energies), Valmir Dias (DIT)
Note: Gustavo Brigagão (Britcham Rio President) and Bruno Marcondes (KPMG partner, President of the Oil&Gas Committee) will be kept informed on PRC activities and eventually invited to its meetings Membership attraction is based on the benefits of monthly meetings' networking and first-hand information, expert, intimate cross-fire meetings, potential visibility in energy events (including the annual energy seminar, maybe at a cost), potential advocacy, all at a low or no direct costs for Britcham members.
Strategy & Issues
Due to the broad business scope of the PRC(*), there should be some initial focus on quick win segments identified from members' input, such as: offshore wind, biomass, biogas, energy efficiency / storage, solar (as a niche). This does not mean at all to leave aside the power sector in general, but an initial prioritisation to have a starting point from these more synergic areas, and grow from there, e.g., no material opportunities in power distribution, transmission and generation should be discarded. Initial core themes to be discussed in PRC would be regulation and local content, with energy losses, possibly, as tier two. Good reputational 'brand anchors', as per long-time Britcham experience, are essential.
(*) e.g., just the power sector itself has four major segments: GTDT - Generation, Transmission, Distribution and Trading.
Work Plan (wip)
Monthly management meetings, combined with cross-fire ones, operationally supported by Britcham's executive management structure.
Sponsorship prospects allowing, bi-monthly lunch-talks and UK DIT-supported, quarterly webinars.