The Restructuring and Privatisation of Electricity Distribution and Supply Business in Brazil: A Social Cost-Benefit Analysis

Mota, Raffaella L.

doi:10.17863/cam.5012

Cited by 13 publications

(1 citation statement)

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“…The counterpart risk arose from concerns over the ability of some stateowned distribution companies to meet their financial obligations in a context of state governments under financial stress. In a social cost-benefit analysis of the privatization outcomes of the Brazilian electricity distribution sector, Mota (2003) finds evidence of significant net gains, mostly in the form of a reduction in controllable costs. However, shareholders of the distribution companies received the lion's share of the benefits in the form of higher profits.…”

Section: Stop and Go Liberalization: Three Decades Of Electricity Sec...mentioning

confidence: 99%

Energy Transition in the Brazilian Electric Power System

Dutra

Menezes

2022

Competition and Regulation in Network Industries

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This article summarizes key changes in market and regulatory governance arrangements in the electricity sector in Brazil over the last three decades. The Brazilian reform process during this period can be described as a series of attempts to move toward a market-driven system, interrupted by ad hoc interventions of a political nature or to respond to specific crises. This series of events reveals the pathway of a system that managed to significantly expand and diversify its electricity power mix by harnessing its renewable endowment. The historical role played by hydropower plants with reservoirs—along with a highly integrated electricity system—in smoothing production over time has been considerably diminished and will continue to be as climate change takes its toll. Thus, improvements in market and governance arrangements are required to promote a more diverse electricity mix, with variable renewable energy and demand management playing much more significant roles.

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Section: Stop and Go Liberalization: Three Decades Of Electricity Sec...mentioning

confidence: 99%