Forecast: Hydroelectricity Generation in Brazil

Hydroelectricity generation in Brazil displayed fluctuations between 2013 and 2023, oscillating significantly in value. In 2023, the generation stood at 425.33 Terawatthours, marking a 0.42% decline from the previous year. Over the past five years, the compound annual growth rate (CAGR) has been modest at 1.8%. The variability year-on-year is notable, with the largest drop of 8.47% seen in 2021 and a notable increase of 17.72% in 2022.

Looking ahead, the forecast indicates a steady rise, with hydroelectricity generation expected to reach 454.68 Terawatthours by 2028. The forecasted five-year CAGR of 1.06% suggests moderate but consistent growth. Future trends to watch include potential impacts of climate change on water availability, advancements in hydroelectric technology, and evolving energy policies that may influence production capacity and efficiency.