Power Sector Reform in Brazil

1. Washington, May 13, 2005 Power Sector Reform in Brazil Luiz Maurer Energy and Water The World Bank

3. Overview of power sector reform in the world

5. Challenges in the power sector – reliability and adequacy of power systems…

6. Challenges in the power sector – What about the future?

8. Major challenge – who will invest?

12. Summarize the key points about power sector reform in Brazil

14. Complex and not always linear process – web of Laws, Decrees, Portarias, Regulations

15. Discuss the good aspects and accomplishments

16. Brazil was the country who took most advantage of the privatization euphoria

17. What about the criticism – resources were not invested in new assets?

18. Generation installed capacity – jumped from 1,100 MW to about 3,100 MW per year post 95

19. Ditto for transmission assets

20. Quality of service increased significantly

22. Not so good aspects and why reform fell short of expectations

24. New model more evolutionary than revolutionary

25. Present challenges ahead – Is reform complete?

27. The power sector became a tax collector