Electricity Market in Brazil: A Critical Review on the Ongoing Reform

André Quites Ordovás Santos, Adriel Rodrigues da Silva, Jorge Javier Gimenez Ledesma, Adriano Batista de Almeida, Marco Roberto Cavallari and Oswaldo Hideo Ando Junior
Additional contact information
André Quites Ordovás Santos: Research Group on Energy & Energy Sustainability (GPEnSE/CNPq), Federal University of Latin American Integration (UNILA), Paraná, CEP 85866-000, Brazil
Adriel Rodrigues da Silva: Research Group on Energy & Energy Sustainability (GPEnSE/CNPq), Federal University of Latin American Integration (UNILA), Paraná, CEP 85866-000, Brazil
Jorge Javier Gimenez Ledesma: Research Group on Energy & Energy Sustainability (GPEnSE/CNPq), Federal University of Latin American Integration (UNILA), Paraná, CEP 85866-000, Brazil
Adriano Batista de Almeida: Department of Electrical Engineering, State University of Western Paraná (UNIOESTE), Paraná, CEP 85870-650, Brazil
Marco Roberto Cavallari: Research Group on Energy & Energy Sustainability (GPEnSE/CNPq), Federal University of Latin American Integration (UNILA), Paraná, CEP 85866-000, Brazil
Oswaldo Hideo Ando Junior: Research Group on Energy & Energy Sustainability (GPEnSE/CNPq), Federal University of Latin American Integration (UNILA), Paraná, CEP 85866-000, Brazil

Energies, 2021, vol. 14, issue 10, 1-23

Abstract: With the current worsening of climate change-associated risks, the transition to low-carbon energy sources has become a global priority. In this context, the advances in the implementation of smart grids, which, in addition to greater efficiency and resilience, also allow greater penetration of renewable distributed energy resources, are becoming increasingly important. However, the necessary investments will be colossal. Many specialists see the process of opening up the electric energy markets as essential to boosting these new technologies. Greater decentralization of the decision-making process can potentially promote greater scalability. However, not all liberalization reforms have led to good results. Several researchers have been evaluating experiences in different countries. Brazil, a country with continental dimensions and peculiar characteristics, already counts with a mostly renewable electric energy generation mix. In recent decades, however, it has become increasingly dependent on fossil fuel sources. Brazil has been conducting a process of opening the electric energy market since the 1990s. This process has faced a series of barriers. This article presents a critical bibliographic review of the Brazilian Power System history and its ongoing opening process, its possible successes and errors, as well as its perspectives and challenges.

Keywords: electric energy market; distributed energy resources; smart grid; technologies; energy policy; renewable energy (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
https://www.mdpi.com/1996-1073/14/10/2873/pdf (application/pdf)
https://www.mdpi.com/1996-1073/14/10/2873/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:14:y:2021:i:10:p:2873-:d:555629

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().