Low Carbon Transition through Renewables Sources – An overview of the Renewable Energy Program in the State of Minas Gerais
The Renewable Energy Program of Minas Gerais is one of the initiatives which aims at the intensification in the use of renewable sources in the state. The present paper applies a methodology to evaluate the effectiveness of such instrument to expand the number of renewable energy projects and its contribution to achieve the goals of the energy sector of the Brazilian Nationally Determined Contributions, that is, to increase the use of renewable energy by 45% until 2030. It has been observed that the expansion of the renewable energy sources at regional level has advanced by incentive policies with clearly defined goals and guidelines. However, the analyzed program does not attend to all the requirements and it is possible to conclude that the main state public policy of renewable energy expansion did not accomplish its objectives suggesting that a balanced mix of public policies must be implemented in order to promote an effective energy transition.