Brazil: projected electricity demand growth 2020, by scenario

In an optimistic scenario, the electricity demand in Brazil is expected to decrease by 1.6 percent in 2020, when compared to the previous year. The reduction in demand is expected to be as low as 14 percent, in the case of a catastrophic scenario. The reviewed projections are accredited to the outbreak of the novel coronavirus (SARS-CoV-2), which causes the COVID-19. Before the outbreak, electricity demand in the South American country was forecasted to increase by 4.2 percent when compared to 2019.

Projected growth of electricity demand in Brazil in 2020, by scenario

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Sources

Release date

March 2020

Region

Brazil

Survey time period

2020

Special properties

Demand growth in comparison to the previous year

Supplementary notes

* Projection by CCEE in the beginning of the year, before the coronavirus outbreak.

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Statistics on "Coronavirus (COVID-19) in Brazil"

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