Opportunity to Meet with Energy Decision-Makers.
The U.S. Trade and Development Agency (USTDA) hosted a delegation of energy sector decision-makers from Brazil to participate in a two-day Virtual Reverse Trade Mission (RTM) that included a Business Briefing for the delegates to meet with selected U.S. suppliers of state-of-the-art electricity transmission and substation automation technologies that support energy delivery and reliability, as well as increased revenue and sustainability in the Brazilian energy sector.
Brazil is currently advancing a dynamic industrial policy of conducting transmission line auctions, which is expanding coverage and network interconnectivity across the country. New generation projects are moving forward, and electric utilities are striving to reduce technical and non-technical losses necessitating in more than $4 billion in new investments, including in transmission lines and substations in the distribution sector. These projects, combined with transmission and substation upgrades and cybersecurity needs, create substantial future project opportunities in a high-yield area for U.S. industry.