With a power score of 2.56, Brazil ranks number 10 among Emerging markets and number 2 in the Latin America region.
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Brazil has a power score of 2.56, which puts it at rank 10 in the Emerging Markets power ranking. The power score of Brazil is higher than the average of 2.07 in the Latin America region.
In the chart above all geographies within the region are arranged by power score from left to right. The circles are sized based on the population.
Brazil implements policies in 5/8 categories tracked by Climatescope; Renewable energy target, Auctions/tenders (utility-scale), Support for customer-sited generation (rooftop and self-consumption), Tax incentives, and REC'S - Renewable Energy Certificates
The average electricity price in Brazil has decreased from ~$131/MWh in 2023 to ~$130/MWh in 2024. Since 2019, the average electricity price in Brazil has fluctuated between ~$101/MWh in 2020 and ~$133/MWh in 2019.
The top amount of capacity installed in Brazil in 2024 was in Hydro at 109.91GW, up from 109.86GW in 2023.
The technology with the largest share of electricity generated in Brazil in 2024 was Hydro at 421.8TWh, down from 426TWh in 2023.
Investment in clean energy in Brazil was around $24.27Bn in 2024. This amounts to a decrease of around 11% from $27.36Bn in 2023.
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This is the 14th edition of Climatescope, BloombergNEF’s annual assessment of energy transition opportunities in emerging markets. It highlights how the energy transition is progressing in these markets and how they are harnessing the transition to boost attractiveness to outside investors.
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