
Utility Management Group
Senior decision-makers come together to connect around strategies and business trends affecting utilities.
Post
Subsidies - electricity (Brazil)
Subsidies - electricity (Brazil)
The Energy Development Account budget will be BRL 34.9 billion in 2023.
What size is it?
I like to refer these absolute values in comparison with the energy delivered by the national integrated system.
The result is, roundly, R$ 70/MWh.
Is this a small or a big number?
The price of energy on the free market for future delivery is around R$110/MWh.
That is, subsidies represent a super important value.
It is no wonder that Brazil remains at the bottom of the energy cost ranking in $/MWh compared to our competitors (BRICS - Brazil, Russia, India, China and South Africa).
Wouldn't it be high time to reassess the allocation of taxpayers' resources? To grow and become developed we need to COMPETE!
PS 1 USD = R$ 5.2
Discussions
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network® is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.
Sign in to Participate