2011 · 11 citations · 1 references
Natural ResourcesEconomicsElectrical EngineeringContract TheoryEnergy EconomicsEnergy PolicyElectricity Market RegulationElectricity MarketsElectricity RegulationEnergy ContractsEnergy Market RegulationPower Sector EconomicsElectricity Market AnalysisElectricity Pricing RegulationElectricity Sector ReformElectricity Tariff DesignElectricity Tariff RegulationEnergy Market ReformGeneration Expansion PlanningPower Sector Reform
In the Brazilian electricity supply industry, the first market-oriented reform occurred from 1995 to 2003 ran into trouble, leading to insufficient investment in generation expansion and to higher consumer tariffs. In 2004 the new government revised the institutional model of the Brazilian electricity sector. This paper presents an overview of the current model with emphases in the analysis of both free and regulated contracting environments, and in the improvement opportunities to be overcome in the next stages.
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