Sterlite Power inks pact for Pampa project in Brazil
Completion of the project is expected in March 2023, and signing of the pact represents an important milestone in the company’s evolution
Regulator to change requirements in free power market
The Brazilian Electricity Regulatory Agency (Aneel) is preparing a package of measures to increase the free power market’s security, as a reaction to defaults by traders that sold electricity without having the supply. Two of them collapsed in the last two weeks. The goal is to prevent traders with the minimum equity of R$1 million […]
Electricity demand returns to pre-crisis levels
Brazil’s electric energy consumption has returned to pre-crisis levels, but has yet to recover from the recession that hit the country especially in 2015 and 2016. In 2018, electricity demand totaled 472.2 gigawatt hours, 0.5% below the level reached in 2014, before the crisis.
China’s Outbound M&A In Brazil To Pick Up
Despite some anti-China remarks made by Brazilian President Jair Messias Bolsonaro during the campaign, Chinese outbound investment in the South American country is expected to pick up this year, including in sectors where Chinese investors have little or no presence.
Brazilian energy regulator recommends keeping incentives for distributed solar
Brazilian energy regulator the Agência Nacional de Energia Elétrica (ANEEL) has recommended keeping the current rules for distributed generation in a public consultation it has launched about a planned review of distributed generation rules, which in Brazil apply to all generators with systems up to 5 MW in scale.
New minister will likely seek to open power sector and cut subsidies
Transition team is preparing a set of proposals for Admiral Bento Albuquerque that may end incentives for renewable sources.
Brazil Energy Ministry Gets an Admiral to Tackle Privatizations
Brazil’s energy and mines ministry will be led by a former submarine commander who is currently in charge of the navy’s nuclear division.
New Infrastructure minister wants to accelerate privatizations
Tarcísio Freitas promises to continue handing airports over to private sector and says government will prioritize carrying out stalled projects
Brazil capital markets supply more infra financing
Brazilian bonds known as debentures for financing infrastructure projects are gaining ground, reaching the same level as loans provided by development bank BNDES. In the first half of this year, a total of 10.9bn reais (US$2.83bn) of debentures for infrastructure projects were issued, compared
Brazil’s energy reform at stake in election showdown
Brazil’s impending presidential election run-off offers the country’s energy industry two very clear alternatives. The poll on Sunday pits a candidate committed to further rolling back the state’s involvement against an opponent who advocates undoing much of the cautious progress of the current administration, towards a less state-dominated industry.