Key Market Indicators
Brazil's energy consumption is projected to climb to approximately 14.5 exajoules by 2028, an increase from 13.6 exajoules recorded in 2023. This growth represents an average annual rise of 1%. Historically, Brazilian energy demand has seen an average annual increase of 1.7% since 1970. In 2023, Brazil ranked seventh globally in energy consumption, a position overtaken by Canada, which also registered 13.6 exajoules. Other leading nations in energy consumption for 2023 included the United States, India, and Russia, occupying the second, third, and fourth positions respectively.
Latest reports
Brazil Energy Market Report- Q4 2024
In Q4 2024, Brazil's energy sector is characterized by significant advancements and strategic shifts, particularly in renewable energy adoption and traditional fuel production....
Brazil Energy Market Report - Q4 2024
The fourth quarter of 2024 highlights significant developments in Brazil's energy market, dominated by the rapid expansion of renewable energy, strategic international partnerships,...