Title: A comparative analysis of the development of renewable energy in Brazil and Germany

Authors: Tim Rubert; Martin Schwardt; Mônica Cavalcanti Sá de Abreu

Addresses: School of International Business, University of Applied Science Bremen, Werderstrasse 73, 28199 Bremen, Germany ' School of International Business, University of Applied Science Bremen, Werderstrasse 73, 28199 Bremen, Germany ' Universidade Federal do Ceará, Av. da Universidade, 2470 – Benfica, CEP 60.020-180, Fortaleza, Ceará, Brazil

Abstract: This paper aims at reviewing the applied strategies to stimulate the development of and investments in renewable energies in Germany and Brazil. It analyses governmental programs and provides an overview about the past, present, and future development of wind, solar, and hydro energy in both countries. By collecting and comparing different preconditions, structures and the overall development, the paper reveals pitfalls of strategies and mechanisms applied in both countries. Results indicate that while the structure and stage of development of economies in Brazil and Germany differ, both countries share the intention to change the configuration of electricity generation. On the one hand, Germany applies a range of costly incentive mechanisms increasing the share of renewable energy fundamentally. On the other hand, Brazil already has a significant share of renewable energy, but yet established a strategy that may lead to an increased share of fossil energy. Based on the comparison, the paper deduces hints to foster the development of sustainable energy generation in both countries.

Keywords: renewable energy; Brazil; Germany; sustainable development; sustainability; government strategy; wind energy; wind power; solar energy; solar power; hydro energy; hydro power; incentives.

DOI: 10.1504/LAJMSD.2014.065474

Latin American Journal of Management for Sustainable Development, 2014 Vol.1 No.2/3, pp.146 - 163

Received: 26 Jan 2014
Accepted: 02 Mar 2014
Published online: 12 Nov 2014 *

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