Electrical Sector Act 10.438
Brazil: Electrical Sector Act 10.438/2002
Important legislation for the diversification of the national energy portfolio. Insures universal access to electric power until 2015. Extends RGR (Global Reservation Reserve) until 2010; Guarantees power sale contracts to the first 3300 MW of projects which use renewable technologies (wind, biomass and small hydro). Under the program, Electrobrás buys electricity produced from the various renewable resources under contracts of up to 15 years. Also establishes the Energy Development Account (CDE) primarily to promote universal access to electricity.
Date Implemented: 2002
Status: In Force; Mandatory
References: EIA Country Analysis Briefs: Brazil Expanded Environment Section; Ministerio de Minas e Energia de Brasil, PROFINA