Electricity
Power sector reforms were launched in the mid-1990s and a new regulatory framework was applied in 2004. In 2004, Brazil had 86.5 GW of installed generating capacity and it produced 387 Twh of electricity. As of today 66% of distribution and 28% of power generation is owned by private companies. In 2004, 59 companies operated in power generation and 64 in electricity distribution.
The major power company is Centrais Elétricas Brasileiras (Eletrobrás), which together with its subsidiaries generates and transmits approximately 60% of Brazil's electric supply. The largest private-owned power company is Tractebel Energia. An independent system operator (Operador Nacional do Sistema Elétrico - ONS), responsible for the technical coordination of electricity dispatching and for the management of transmission services, and a wholesale market were created in 1998.
During the electricity crisis in 2001, the government launched a program to build 55 gas-fired power stations with a total capacity of 22 GW, but only 19 power stations were built, with a total capacity of 4,012 MW.
Read more about this topic: Energy In Brazil
Famous quotes containing the word electricity:
“Prudence and justice tell me that in electricity and steam there is more love for man than in chastity and abstinence from meat.”
—Anton Pavlovich Chekhov (1860–1904)