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International Action Programme
Brazil's Hydropower Programme
| Leading Actor(s) |
Brazil / Government of Brazil |
| Participating Actor(s) |
Ministry of Mines and Energy,ANEEL Electrical Energy National Agency, State-owned and private companies, other partnerships |
| Main objective(s) |
Increase the supply of electricity from hydropower; reduce carbon dioxide emissions. |
| Contents |
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. |
| Expected results |
Increase the supply of electricity from hydropower, reduce carbon dioxide emissions, develop national industries, create new jobs, generate income, among others. |
| Target area / place |
Brazil |
| Arrangement(s) for financing |
Financing facilities could be arranged supported by aforementioned PPA, guaranteed by the distribution companies. |
| Monitoring process and time frame |
All projects will begin operation since 2009. Electrical Sector Monitoring Committee, coordinated by Ministry of Mines and Energy, created under regulatory frame in order to check goals action and to take adequate corrective measures, will monitor the program. |
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