International Action Programme (IAP), Brazil's Hydropower Programme
Brazil: International Action Programme (IAP), Brazil’s Hydropower Programme
Regulatory frame is defined in law, approved on March 2004. Implementation of projects depends on public auction in order to guarantee both lower tariffs to the final consumers and smaller environmental impacts. All of them should have a Previous License (environmental) to take part in that auction. Projects will be able to add 2,819 MW to the Brazilian interconnected system. Contracts will be signed among distribution utilities and project developers, selected by the aforementioned auction, and there will a guaranteed PPA Power Purchase Agreement of a period of 15-30 years.
Date Implemented: 2004
Status: In Force; Voluntary