Ten-year Energy Plan 2034

The Ten-Year Energy Expansion Plan 2034 (PDE) is one of the most important Brazilian energy planning instruments. On the initiative of the current administration of the Ministry of Mines and Energy (MME), it now places energy transition at the center of the sector’s evolution. It also aims to ensure energy security and reduce costs for consumers.

Some of the positive impacts of the main actions and programs developed in 2023 and 2024 by the agency are already included. Exemples include:

National Energy

Transition Policy

Fuel of the Future Law

Gas for Employment Program

Legal Framework for Low-Carbon Hydrogen

Mining for Clean Energy Program

With around 500 pages and 16 executive thematic notebooks, the PDE serves as a reference for government and companies regarding investment prospects for expanding energy supply, with an integrated view of the entire energy sector. It considers ongoing initiatives and challenges for the next decade to ensure Brazil’s energy security and transition.

Up to R$ 3.2 trillion in investments are expected in the energy sector, including oil, gas, and biofuels, as well as transmission lines, power generation, fuel production, and the new green industry. Thus, Brazil will pursue a fairer, more balanced, and inclusive energy transition. This will generate jobs and income while contributing to the fight against energy poverty.

The PDE plays a crucial role in supporting the development of public policies and helps ensure lower energy costs for society. Prepared since 2006 by the Energy Research Company (EPE), under the coordination and guidance of the MME, it is widely respected by the market and serves as a reference for other sectors of the economy as a planning and long-term vision tool.

Planning makes a fundamental contribution to the energy sector, which is essential to the Brazilian economy and requires large investments.

The opening of MME Public Consultation No. 179 on 11/07/2024 to receive suggestions from society, companies, and institutions regarding the PDE represented the resumption of an important planning instrument for decision-makers and national and international investors.

By providing data, sensitivities, and indicative long-term results, the PDE delivers high-quality information to various public and private stakeholders in the sector, reducing risk and signaling the main paths forward. It demonstrates that the energy sector benefits from solid, technical, and effective planning.

Another milestone of this event was the signing of the PDE governance ordinance, which provided greater consistency, transparency, and continuity to the process of preparing this important planning document. Despite the PDE’s long history as a tool used by public, private, international, and academic stakeholders, its governance had never been regulated by ordinance. Now, the process will be more robust and accessible to society.

NUMBERS

Investments in the energy sector – R$ 3.2 trillion by 2034

Final energy demand – Average growth of 2.1% per year, resulting in an increase of nearly 25% over the next ten years

Electricity consumption – Average growth of 3.4% per year, reaching 870 TWh in 2034

Internal Energy Supply (IES) – Increase from 1.46 toe/inhabitant in 2024 to 1.75 toe/inhabitant in 2034 (toe stands for “ton of oil equivalent,” a unit of measurement that enables comparison of different energy sources)

Average share of renewables in the electricity matrix in 2034 – 86.1%, with Brazil continuing to rely predominantly on hydro, biomass, wind, and solar power

Demand for strategic minerals – Indicative expansion of electricity generation may require up to 54% more strategic minerals

DATES

11/07/2024 – Publication of the PDE 2034 Consolidation Notebook

11/08/2024 – Opening of the Public Consultation for suggestions from society and institutions, and signing of the PDE governance ordinance at an event at the Ministry of Mines and Energy

04/08/2025 – Approval of PDE 2034 by MME Ordinance No. 831/2025