Brazil. Domestic energy consumption will increase in Brazil by 60% until 2040, which is estimated to come largely from renewable energy, according to BP, a British oil company.
BP projected that by 2030, nearly half (48%) of the energy used in Brazil will come from clean, renewable sources, following a study of the global energy market, to find out trends in global energy consumption and production.
In 2016, energy in Brazil from clean and renewable sources was 42%: 29% from hydroelectric plants and 13% from alternatives. The Brazilian energy matrix was completed by oil (40%), gas (11%), coal (6%) and nuclear energy (1%).
By 2040, oil is forecast to occupy 31% of Brazil's energy matrix, accounting for 24% of hydroelectric plants, 24% from alternative sources, 16% from gas, 3% from coal and 2% from nuclear energy.
"Brazil already has an energy matrix that is unlike anywhere else in the world. If the other countries manage to reach a small part of what Brazil is, our path to meeting emissions reduction targets would already go a long way," said BP Chief Economist Spencer Dale.
Source: América Economía.
