The forecast for support of fossil fuels for residential use in Brazil shows a steady decline from 2024 to 2028, reflecting a year-on-year decrease. Standing at $29.02 million in 2024, support decreases by about 3.44% annually, reaching $25.14 million by 2028. This consistent downward trend suggests a possible shift towards alternative energies or increased energy efficiency within the residential sector.
Future trends to watch for:
- Policy changes aimed at boosting renewable energy adoption.
- Technological advancements that enhance energy efficiency in homes.
- Potential shifts in global energy prices impacting local energy policy.