The total support for natural gas for electricity generation in Brazil is forecasted to grow from 123.25 million USD in 2024 to 139.84 million USD in 2028, using constant 2020 dollars. This represents a year-on-year increase of approximately 3.49% from 2024 to 2025, 3.29% from 2025 to 2026, 3.11% from 2026 to 2027, and 2.93% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period is approximately 3.24%.
Future trends to watch for include:
- Potential policy shifts towards renewable energy could impact natural gas support.
- Fluctuations in global natural gas prices may affect cost projections.
- Technological advancements may influence efficiency and support levels.
- Economic factors such as inflation and currency exchange rates need ongoing monitoring.