Economic Policy Evaluation for the Deployment of Alternative Energy Sources in Brazil

Nicolás C. P. Chang (), Christian Oberst and Reinhard Madlener
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Nicolás C. P. Chang: RWTH Aachen University, Postal: Templergraben 55, 52056 Aachen, Germany

No 13/2015, FCN Working Papers from E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN)

Abstract: In this paper we present an economic evaluation of scenarios for the future Brazilian power sector. We regard different paths for the capacity expansion with alternative energy sources aiming at the economically efficient diversification of the electricity mix. The scenarios are constructed in light of specific features of the Brazilian energy system, such as its enormous storage capacity, the imminent depletion of hydropower potential, and design characteristics of the regulated market. The economic relationships of the electricity generation sector are illustrated by micro‐economic models of industrial organization theory, parameterized with observed data from energy auctions and official market projections.

Keywords: Power system planning; energy transition policy; renewable energy (search for similar items in EconPapers)
JEL-codes: D40 L10 Q42 Q48 (search for similar items in EconPapers)
Pages: 43 pages
Date: 2015-10
New Economics Papers: this item is included in nep-ene
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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