Brazil’s federal government expects to present its proposal to restructure the electricity sector the national congress by September, mines and energy (MME) minister Alexandre Silveira told reporters.
The aim is to correct distortions which, according to Silveira, have led to increased energy rates, as well as to provide security for investments in generation, transmission and distribution.
“We’re getting close to a collapse in rates. So it’s important to put on the brakes and sort out the sector,” the minister said.
The proposal could come in the form of a bill or provisional measure.
“It will depend on the subject matter, the urgency and relevance,” said Silveira.
He underlined that it is unfair that only 2% of the country’s energy consumers can choose their own electricity supplier
Currently, only large energy consumers, such as industrial companies, are allowed to contract on the free market, where they…
