Forecast: Hydroelectricity Consumption in Brazil

The hydroelectricity consumption in Brazil has exhibited fluctuating trends over the past decade. From 2013 to 2022, there were periods of both declines and increases. Notably, there was a significant rise of 17.29% in 2022 compared to a year-on-year fall of 8.8% in 2021. By 2023, hydroelectric consumption stood at 4 Exajoules, marking a slight decrease of 0.22% from the previous year.

The compounded average growth rate (CAGR) over the last five years leading up to 2023 was 1.54%. Looking ahead, from 2024 to 2028, the forecasted CAGR is projected at 0.87%, suggesting modest growth.

  • Monitor developments in renewable energy policies and investments in Brazil.
  • Watch for technological advancements in hydroelectric power generation and storage.
  • Consider the impact of climate change on hydroelectric resources and consumption patterns.

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