Thermal plants drive Brazil energy demand

Monday, December 29, 2014

Brazilian energy demand is on track to grow 3.7% year-on-year in 2014, the mining and energy ministry (MME) said on Monday.

The figure takes into account fuel consumption – including natural gas, diesel, gasoline and biofuels – and electric energy use, according to an MME statement.

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MME's latest data shows natural gas demand climbed 19% to 124Mm3/d in October, pushed by rising thermoelectric generation.

Meanwhile vehicle fuel consumption increased 6.8% in the first 10 months of the year amid higher car ownership.

Electricity use edged 2.4% higher over the period despite falling industrial demand.

Residential power consumption climbed 5.9% and commercial use jumped 7.7%.

Industrial electricity demand dipped 3.1%, influenced by falling aluminum production, MME added.