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Report: Prospects of Biofuels in Brazil
BRAZIL - A new report published by Energy Business Reports, "Biofuel Industry in Brazil," provides complete coverage of the ethanol and biodiesel market in Brazil. Brazil is a global leader in the use of renewable fuels, such as ethanol and biodiesel.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.
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