Forecast: Total Support on All Fossil Fuels for Residential in Brazil

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.

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