Electric Sector Model- Law 10.048/2004
Brazil: Electric Sector Model- Law 10.848/2004
Motivated by the necessity to adapt the sector to the post-deregulation environment, the National Congress approved a new financial and regulatory model for the electric sector involving operations, bidding on and trading electric energy. Also creates new governmental agencies, such as the Energy Research Company (EPE), Electric System Monitoring Committee (CMSE), and the Electric Power Chamber of Commerce (CCEE).
Date Implemented: 2004
Status: In Force;