Biofuel Industry in Brazil-New Report Provides in-Depth Analysis of the Market Potential for Biofuels in Brazil

Phoenix, AZ (PRWEB) March 18, 2008

The National Alcohol Program (Proalcool), adopted in 1975, was the largest fossil fuel substitution program in the world, mandating the use of ethanol made from sugarcane to power automotive vehicles. Despite the collapse of mandated use, ethanol has remained an integral part of the Brazilian fuels matrix. Ethanol accounted for about 40% of passenger car fuel use in 2005 and 15% of total motor-vehicle fuels use.

Beyond the use of ethanol for passenger cars, Brazil is also a leader in the generation of electricity from renewable sources. Over 80% of Brazil’s electricity is produced via sustainable technology, mainly through the harnessing of hydroelectric power (77% of all generation). According to the Brazilian Ministry of Energy and Mines, taken as a whole, energy derived from biomass and hydroelectric plants account for 45% of the entire Brazilian energy matrix.

Other Topics covered in this report include:

Analysis of Ethanol By-Products in Brazil;

Impacts of Institutions on the Biofuel Market in Brazil;

U.S.-Brazil Memorandum of Understanding on Biofuels; and

Major Companies in the Brazil Biofuel Industry.

Details on this report can be found at:

http://energybusinessreports.com/shop/item.asp?itemid=1525&affillink=EPRW20080319

About the Publisher: “Biofuel Industry in Brazil” is published by Energy Business Reports (www.EnergyBusinessReports.com), an energy industry think tank and leading source for energy industry information and research products. Details on all reports can be found at http://www.energybusinessreports.com/shop/?affillink=PRWeb

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