Table of Contents
1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 7
1.2 List of Figures 9
2 Executive Summary 10
2.1 Global Energy Demand Rejuvenates after a Slight Dip in 2009 10
2.2 Global Power Market – Increasing Focus on Clean Technologies 10
2.3 Global Renewables Market – Government Support to Foster the Sector Growth 10
2.4 Hydropower Market, Global – Growth Momentum to Accelerate 11
2.5 Hydropower Market, Brazil –Tremendous Growth to be accounted for in this Decade 12
2.6 Hydropower Market, Brazil – Significant Activity Witnessed in the Deals Market 12
3 Introduction 13
3.1 Carbon Emissions, Global, 2001-2010 13
3.2 Energy Consumption, Global, 2001-2030 15
3.3 Report Guidance 16
4 Renewable Power Market, Global, 2001-2020 18
4.1 Renewable Power Market, Global, Overview 18
4.2 Renewable Power Market, Global, Cumulative Installed Capacity, MW, 2001-2020 19
4.3 Renewable Power Market, Global, Power Generation, GWh, 2001-2020 21
4.4 Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type, %, 2010 23
5 Hydropower Market, Global, 2001-2020 25
5.1 Hydropower Market, Global, Overview 25
5.2 Hydropower Market, Global, Installed Capacity, GW, 2001-2020 25
5.3 Hydropower Market, Global, Power Generation, TWh, 2001-2020 28
6 Power Market, Brazil, 2001-2020 30
6.1 Power Market, Brazil, Overview 30
6.2 Power Market, Brazil, Cumulative Installed Capacity, MW, 2001-2020 30
6.3 Power Market, Brazil, Power Generation, GWh, 2001-2020 32
7 Renewable Power Market, Brazil, 2001-2020 35
7.1 Renewable Power Market, Brazil, Overview 35
7.2 Renewable Power Market, Brazil, Cumulative Installed Capacity, MW, 2001-2020 35
7.3 Renewable Power Market, Brazil, Power Generation, GWh, 2001-2020 37
7.4 Renewable Power Market, Global, Installed Capacity Split by Source Type, %, 2010 39
8 Hydropower Market, Brazil, 2001-2020 41
8.1 Hydropower Market, Brazil, Overview 41
8.2 Hydropower Market, Brazil, Installed Capacity, MW, 2001-2020 41
8.3 Hydropower Market, Brazil, Split by Market Segment, 2010 42
8.4 Hydropower Market, Brazil, Power Generation, GWh, 2001-2020 44
8.5 Hydropower Market, Brazil, Major Active Hydro Power Plants 45
8.6 Hydropower Market, Brazil, Major Upcoming Hydro Power Plants 46
9 Renewable Energy Regulatory Framework, Brazil 47
9.1 Renewable Energy Regulatory Framework, Brazil, Major Policies and Incentives 47
9.1.1 Program of Incentives for Alternative Electricity Sources – Programa de Incentivo a Fontes Alternativas de Energia Elétrica – PROINFA 47
9.1.2 Alternative Energy Auction LFA-2010 and Reserv e Energy Auction LER-2010 48
9.1.3 Brazil National Climate Change Plan 48
9.1.4 Luz Para Todos (Light for All) Electrification Program 49
9.1.5 Federal law 9,991 49
9.1.6 India-Brazil-South Africa Declaration on Clean Energy 50
9.2 Financial Incentives and Policy Support for Hydro, Brazil 50
9.2.1 International Action Program (IAP), Brazil's Hydropower Program 50
9.2.2 Incentives for Small Hydro Facilities, Law no. 9648 50
10 Hydropower Market, Brazil Deals Market Trends, 2007-2010 51
10.1 Hydropower Market, Brazil, Deals Value versus Deal Volume Analysis, 2007-2010 51
10.2 Brazil Hydropower Market, Major Deals, 2010 53
10.2.1 Government of Brazil to Invest $1,712 Million for Six Hydro Power Projects, Brazil 53
10.2.2 Vale Issues $1,029 Million Of 4.375% Notes Due 2018 54
10.2.3 Copel to Invest $778 Million for Colider Hydro Power Project in Mato Grosso, Brazil 55
10.2.4 Triunfo to Invest $408 Million for Garibaldi Hydro Power Project in Santa Catarina, Brazil 56
10.2.5 Duke Energy Completes Public Offering Of 8.59% Nonconvertible Debentures Due 2015 for $281 Million 57
10.2.6 Brazilian Government Announces Bridge Financing Of $634 Million for Belo Monte Hydroelectric Dam Project, Brazil 58
10.2.7 Cemig Acquires 9.75% Stake in Light SA 59
10.2.8 Warburg Pincus Invests $201 Million in Omega Energia Renovavel 60
10.2.9 Renova Energia Completes Its Initial Public Offering for $95.4 Million 61
10.2.10 Eletrobras to invest $259 Million for Reconstruction of Unit V of Luiz Carlos Barreto de Carvalho Hydro Plant, Brazil 62
11 Company Snapshot: Centrais Eletricas Brasileiras S.A. 63
11.1 Company Overview 63
11.2 Business Description 63
11.2.1 Business Overview 63
11.3 Major Products and Services 64
11.4 Locations and Subsidiaries 64
11.4.1 Head Office 64
11.4.2 Other Locations & Subsidiaries 65
12 Company Snapshot: Companhia Energetica de Minas Gerais 66
12.1 Company Overview 66
12.2 Business Description 66
12.2.1 Business Overview 66
12.3 Major Products and Services 66
12.4 SWOT Analysis 67
12.4.1 Overview 67
12.4.2 Companhia Energetica de Minas Gerais Strengths 67
12.4.3 Companhia Energetica de Minas Gerais Weaknesses 69
12.4.4 Companhia Energetica de Minas Gerais Opportunities 69
12.4.5 Companhia Energetica de Minas Gerais Threats 70
12.5 Locations and Subsidiaries 71
12.5.1 Head Office 71
12.5.2 Other Locations & Subsidiaries 71
13 Company Snapshot: EDP Energias do Brasil SA 72
13.1 Company Overview 72
13.2 Business Description 72
13.2.1 Business Overview 72
13.3 Major Products and Services 73
13.4 Locations and Subsidiaries 73
13.4.1 Head Office 73
14 Company Snapshot: Gerdau S.A. 74
14.1 Company Overview 74
14.2 Business Description 74
14.2.1 Business Overview 74
14.3 Major Products and Services 75
14.4 SWOT Analysis 76
14.4.1 Overview 76
14.5 Gerdau S.A. Strengths 76
14.5.1 Strong Foothold on the Market 76
14.5.2 Strong Product Portfolio 76
14.5.3 Strong Liquidity Position 77
14.5.4 Strong Growth Prospects 77
14.6 Gerdau S.A. Weaknesses 77
14.6.1 Weak Financial Performance 77
14.6.2 Low Return on Equity 77
14.6.3 Lawsuits and Claims 77
14.6.4 Decline in Performance of Business Segments 78
14.7 Gerdau S.A. Opportunities 78
14.7.1 Strategic Acquisitions 78
14.7.2 Rebound in Steel Demand 78
14.7.3 Expansion in Emerging Countries 78
14.8 Gerdau S.A. Threats 79
14.8.1 Consolidation in the Steel Industry 79
14.8.2 Volatile Steel Prices 79
14.8.3 Threat from Substitutes 79
14.8.4 Stringent Governmental Regulations 80
14.9 Locations and Subsidiaries 80
14.9.1 Head Office 80
14.9.2 Other Locations & Subsidiaries 81
15 Company Snapshot: CPFL Energia S.A. 82
15.1 Company Overview 82
15.2 Business Description 82
15.2.1 Business Overview 82
15.3 Major Products and Services 83
15.4 SWOT Analysis 83
15.4.1 Overview 83
15.4.2 CPFL Energia S.A. Strengths 84
15.4.3 CPFL Energia S.A. Weaknesses 85
15.4.4 CPFL Energia S.A. Opportunities 86
15.4.5 CPFL Energia S.A. Threats 87
15.5 Locations and Subsidiaries 87
15.5.1 Head Office 87
15.5.2 Other Locations & Subsidiaries 88
16 Appendix 89
16.1 Abbreviations 89
16.2 GlobalData’s Methodology 90
16.3 Coverage 90
16.4 Secondary Research 90
16.5 Primary Research 91
16.6 Contact Us 91
16.7 Disclaimer 91
List of Tables
Table 1: Carbon Emissions, Global, (Million Metric Tons), 2001-2010
Table 2: Energy Consumption, Global, (Mtoe), 2001-2030
Table 3: Renewable Power Market (excluding Hydro), Global, Cumulative Installed Capacity, (MW), 2001-2020
Table 4: Renewable Power Market (excluding Hydro), Global, Power Generation, (GWh), 2001-2020
Table 5: Renewable Power Market, Global, Cumulative Installed Capacity Spilt by Technology, (%), 2010
Table 6: Hydropower Market, Global, Installed Capacity, (GW), 2001-2020
Table 7: Hydropower Market, Global, Power Generation, (TWh), 2001-2020
Table 8: Power Market, Brazil, Cumulative Installed Capacity, (MW), 2001–2020
Table 9: Power Market, Brazil, Power Generation, (GWh), 2001–2020
Table 10: Renewable Power Market (including Hydro), Brazil, Cumulative Installed Capacity, (MW), 2001-2020
Table 11: Renewable Power Market (including Hydro), Brazil, Power Generation, (GWh), 2001-2020
Table 12: Renewable Power Market, Brazil, Cumulative Installed Capacity Spilt by Technology, (%), 2010
Table 13: Hydro Power Market, Brazil, Cumulative Installed Capacity, (MW), 2001-2020
Table 14: Hydropower Market, Brazil, Split by Market Segment, (%), 2010
Table 15: Hydropower Market, Brazil, Power Generation, (GWh), 2001-2020
Table 16: Hydropower Market, Brazil, Major Active Hydro Power Plants
Table 17: Hydropower Market, Brazil, Major Upcoming Hydro Power Plants
Table 18: PROINFA, Brazil, Feed in Tariffs, 2010
Table 19: Brazil Hydro Market, Deal Value versus Deal Volume Analysis, 2007-2010
Table 20: Government Of Brazil To Invest $1,712 Million For Six Hydro Power Projects, Brazil
Table 21: Vale Issues $1,029 Million Of 4.375% Notes Due 2018
Table 22: Copel To Invest $778 Million For Colider Hydro Power Project In Mato Grosso, Brazil
Table 23: Triunfo To Invest $408 Million For Garibaldi Hydro Power Project In Santa Catarina, Brazil
Table 24: Duke Energy Completes Public Offering Of 8.59% Nonconvertible Debentures Due 2015 For $281 Million
Table 25: Brazilian Government Announces Bridge Financing Of $634 Million For Belo Monte Hydroelectric Dam Project, Brazil
Table 26: Cemig Acquires 9.75% Stake In Light SA
Table 27: Warburg Pincus Invests $201 Million In Omega Energia Renovavel
Table 28: Renova Energia Completes Its Initial Public Offering For $95.4 Million
Table 29: Eletrobras To Invest $259 Million For Reconstruction Of Unit V Of Luiz Carlos Barreto de Carvalho Hydro Plant, Brazil
Table 30: Major Products and Services
Table 31: Centrais Eletricas Brasileiras S.A. - Eletrobras, Subsidiaries
Table 32: Major Products and Services
Table 33: Companhia Energetica de Minas Gerais, SWOT Analysis
Table 34: Companhia Energetica de Minas Gerais, Subsidiaries
Table 35: Major Products and Services
Table 36: Gerdau S.A., SWOT Analysis
Table 37: Gerdau S.A., Subsidiaries
Table 38: Major Products and Services
Table 39: CPFL Energia S.A., SWOT Analysis
Table 40: CPFL Energia S.A., Subsidiaries
Table 41: Abbreviations
List of Figures
Figure 1: Hydropower Market, Global, Cumulative Installed Capacity, (GW), 2001-2020
Figure 2: Carbon Emissions, Global, (Million Metric Tons), 2001-2010
Figure 3: Energy Consumption, Global, (Mtoe), 2001-2030
Figure 4: Renewable Power Market (excluding Hydro), Global, Cumulative Installed Capacity, (MW), 2001-2020
Figure 5: Renewable Power Market (excluding Hydro), Global, Power Generation, (GWh), 2001-2020
Figure 6: Renewable Power Market, Global, Cumulative Installed Capacity Spilt by Technology, (%), 2010
Figure 7: Hydropower Market, Global, Installed Capacity, (GW), 2001-2020
Figure 8: Hydropower Market, Global, Power Generation, (TWh), 2001-2020
Figure 9: Power Market, Brazil, Cumulative Installed Capacity, (MW), 2001–2020
Figure 10: Power Market, Brazil, Power Generation, (GWh), 2001–2020
Figure 11: Renewable Power Market (including Hydro), Brazil, Cumulative Installed Capacity, (MW), 2001-2020
Figure 12: Renewable Power Market (including Hydro), Brazil, Power Generation, (GWh), 2001-2020
Figure 13: Renewable Power Market, Brazil, Cumulative Installed Capacity Spilt by Technology, (%), 2010
Figure 14: Brazil Hydro Power Market, Installed Capacity, (MW), 2001-2020
Figure 15: Hydropower Market, Brazil, Split by Market Segment, (%) 2010
Figure 16: Brazil Hydro Power Market, Power Generation, (GWh), 2001-2020
Figure 17: Brazil Hydro Market, Deal Value versus Deal Volume Analysis, 2007-2010