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PANORAMA E DESAFIOS DA EFICIÊNCIA ENERGÉTICA NO BRASIL
The report argues that Brazil's energy efficiency (EE) policies have been reactive and focused on residential consumption, neglecting the industrial sector, which is the country's largest energy consumer. Economic analysis of 106 industrial sectors shows that while the efficiency of typical firms improved between 2003 and 2015, the market share of the most efficient firms decreased. The study finds a strong correlation between energy efficiency and productive efficiency, suggesting that a total reallocation of productive inputs (capital, labor, and electricity) could have increased aggregate productivity by 81% in 2015, though capital misallocation is the primary driver of these losses.
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Document type: Executive summary