U.S. EIA Analyzes Brazil's Energy Sector

The latest complete EIA statistics for all countries (2010) indicate Brazil is the 8th largest energy consumer in the world and the third largest in the Americas, behind the United States and Canada. Total primary energy consumption in Brazil has increased by more than one third in the past decade because of sustained economic growth. EIA 2010 statistics show Brazil is the 10th largest energy producer in the world. In addition, Brazil has made great strides in increasing its total energy production, particularly oil and ethanol. Increasing domestic oil production has been a long-term goal of the Brazilian government, and recent discoveries of large offshore, pre-salt oil deposits could transform Brazil into one of the largest oil producers in the world.

Total Brazilian energy consumption grew to 11.7 quadrillion British thermal units (Btu) in 2011. The largest share of Brazil's total energy consumption comes from oil and other liquid fuels (47%), followed by hydroelectricity (35%) and natural gas (8%). Additionally, Brazil is consuming increasing amounts of biomass in both the residential and industrial sectors.

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