Understanding Brazil’s energy sector is crucial to comprehending the country’s political environment. Many of the major scandals in recent years have been connected to the energy industry, and its development over time is inextricably linked to the country’s fortunes. We have analyzed several aspects of Brazil’s energy sector in order to unpack this important facet of the country’s economy.
In general terms, Brazil’s energy consumption has increased significantly over the last 14 years, by almost 50 percent since 2004. Going back even further, the country now produces over twice the amount of energy it did in 2001, when Brazil was rocked by a wave of forced blackouts as a result of poor planning in the energy sector.
This increase has been far more pronounced in the country’s North and Centre-West regions (see the graph below), with the state of Tocantins alone registering a...
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