Key Market Indicators
Brazil's electricity generation is projected to hit approximately 745 terawatt-hours by 2028, up from around 689 terawatt-hours in 2023. This marks an average annual growth rate of 1.3%. Since 1990, Brazil's electricity supply has increased at an average rate of 2.7% per year. As of 2023, Brazil occupies the 6th spot globally in electricity generation. In a notable shift, Japan surpassed Brazil in 2023, matching the latter's output at about 689 terawatt-hours. The top positions in global electricity generation are held by the United States, India, and Russia, ranking second, third, and fourth respectively.
