Forecast: Renewable Power Generation in Brazil

In 2023, Brazil's renewable power generation stood at 1.83 Exajoules. From 2024 to 2028, forecasts predict a rise reaching 2.61 Exajoules. Annually, the generation is expected to grow: 2024-2025 by 7.6%, 2025-2026 by 7.5%, 2026-2027 by 7.0%, and 2027-2028 by 6.5%. Overall, this reflects a Compound Annual Growth Rate (CAGR) of approximately 7.6% from 2024 to 2028, indicating a strong growth trajectory.

Future trends to watch for include:

  • Government policy shifts impacting renewable investments.
  • Technological advancements in renewable energy sources.
  • Global economic conditions influencing energy demand.

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