Natural gas, solar power to propel Brazil energy growth - govt

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Friday, November 14, 2014

Brazilian electricity demand will rise more than threefold by 2050 to 1,624TWh, according to new data published by the mining and energy ministry (MME).

Consumption is expected to be driven by the commercial and transport sectors, offsetting lower industrial demand, MME said in a wide-ranging energy outlook report.

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Natural gas consumption over the period is forecast to climb to 212Mm3/d, up from 58Mm3/d today.

"The elevation is underlined by the residential and industrial sectors, which will see growth of 7.1% and 4.2%, respectively," MME said.

SOLAR SURGE

Renewable energy growth is expected to be propelled by a sharp increase in residential solar connections.

According to MME, the country's rooftop solar capacity will reach 33GW in 2050, representing 13% of overall grid potential.

About 15mn homes are expected to be fitted with photovoltaic panels over the period.