In 2023, the total support for natural gas in electricity generation in Brazil stood at a value lower than the forecasted 2024 value of 138.07 million US dollars. The forecast indicates a steady year-on-year growth with an average increase of around 2.5% up to 2028, reaching 152.21 million US dollars. This consistent upward trend reflects a growing reliance on natural gas as a key energy source.

Future trends to watch for include:

Government policies promoting renewable energy, which could impact the natural gas market share.
Technological advancements improving natural gas efficiency and reducing emissions.
Global economic conditions influencing energy demand and pricing structures.