Brazil’s electricity & gas markets
Ripe for change
While Europe and the US continue to endure an economic downturn, in contrast the Brazilian economy is forecast to grow 3% in 2012 and 4.1% in 2013, according to the International Monetary Fund’s country outlook. And with its industries continuing to expand, demand for electricity is expected to increase 52% to 633 terawatt hours (TWh) from 415 TWh by 2022. As Brazil currently has the third-highest electricity prices in the world, there is a pressing need for more infrastructure and better
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