The Unbearable Lightness of the “Tortoises”: The Impacts of the Eletrobras Privatization on the Brazilian Electricity Sector – Executive Summary

Instituto Escolhas in partnership with the Escopo Energia, developed a study to assess the effects of privatization of Eletrobras. The analysis focuses on the “tortoises”, included in the legal text, that have greater implications for the energy sector: the mandatory contracting of natural gas-fired thermoelectric plants in specific regions; flexibilities for the construction of the Tucuruí Line; new concessions for hydroelectric plants included in the quota regime; a market reserve for Small Hydroelectric Plants (SHPs); and an extension of the Incentive Program for Alternative Sources of Electric Energy (known as Proinfa).