📋 Tender Overview
The Ministry of Mines and Energy (MME) released the Brazilian Energy Review 2024, which presents data from 2023. One of the main highlights is the increase in the share of renewable sources in Brazil's energy matrix, which rose from 47.4% to 49.1% in the Internal Energy Offer (EIO). In contrast, the global average for renewables was only 14% in 2022, according to data from the International Energy Agency, which reaffirms Brazil's position as a world leader in clean energy. This increase in renewability is in line with the federal government's efforts to expand the use of renewable energy and with international commitments, such as the United Nations (UN) Sustainable Development Goal (SDG) 7.
“This achievement is the result of a consistent strategy of investment in renewable sources and public policies that drive the sector,” said the National Secretary for Energy Transition and Planning at the MME, Thiago Barral.
The Internal Energy Supply (EOE) represents all the energy made available to meet national demand. In 2023, the EOE grew by 3.5%, reaching the highest value ever recorded. This increase occurred in a year in which the Gross Domestic Product (GDP) grew by 2.9%.
In line with the IOE, Final Energy Consumption was also the highest in the historical series, with an increase of 4.0% and growth in all sectors observed (Industry, Transportation, Residential, Commercial, among others).
In the External Energy Trade section, Brazil increased its energy surplus from 7.6% to 14.0%, mainly due to the increase in oil exports and reduced external dependence on natural gas.