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The Brazilian power sector: what's missing?
The Brazilian power sector: what's missing?
In Brazil, this question seems strange and even inappropriate, as everything is supposed to be ok! This, following the official argument.
In practice, in the corridors of companies, I hear a systemic complaint related to the "Brazilian cost" and in particular to the cost of electricity. This is not "guesswork" as the comparison is always with a list of other countries.
For those who make decisions about global investments, Brazil is losing, and badly, to countries that offer more attractiveness, more legal certainty and more predictability.
I watched yesterday the Government leader declare - literally - that Brazil is in a comfortable position in relation to the pandemic (COVID-19). In the same token, the leaders of the national electric sector are always reaffirming that we have a robust and reliable system.
The first step in achieving and maintaining a competitive position is becoming aware of the situation by identifying what's missing.
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