Brazil – Intro &Energy LandscapeApril 17, 2023Part IBrazil4Part II ABrazilian Energy Landscape (Mature Markets)10Part II BBrazilian Energy Landscape (New Technologies)17CONTENTQUICK SURVEYGETTING TO KNOW OUR AUDIENCEHow well do you know the Brazilian Energy Market?1. Pretty well2. Just the basics3. Not really, am here to learn!Is your Company active in Brazil?1. Yes, with a significant investment/position2. Yest, but not meaningful in the global portfolio3. No, but it is part of the strategy to be there4. No and no plans to be there at the momentPART IBRAZILBrazil on a Comparative BasisWhat we would like to be•Stable political system and environment•Sustainable GDP growth reducing inequality•Investment grade, stable currency•Adhering the Washington Convention and Signing BITs•Clear path for growthWhat sets us apart from more troubling countries•Strong and independent institutions provide checks-and-balances•>$300 Bi in external reserves, inflation under control, solid local capital market•Rule of Law and legal protection to investments (bumpy nonetheless…)•Welcoming to foreign investors (no-Cifiustype of control) and friendly to hydrocarbons•OECD agendaBrazil Vs. Neighbors (GDP 2022, USD)$1,6 T$314,5 B$106,2 B$223,2 B$40,4 B$487,2 B$3 B$317,1 B$39,5 B$59,3 BBrazil at a GlancePOPULATION214 MM (6th largest)No religious or sectarian conflictsRelatively young population; pension reform relieved the systemBrazil (2012 Vs. 2021)POPULATION PYRAMID Source: IBGENATURAL RESOURCESAbundance of soil, sunlight,water (15% of global availability)Worst natural events are heavy rains and droughts – no earthquakes, tornados, icingStill plenty of areas with cheap land to exploreThe Brazilian Economy• Currently 12th largest (6th in 2010)• Infl...
