Assessing the role of the energy reallocation mechanism and hybrid generation in reducing risks to the Brazilian electricity grid
by Laura Dardot; Marina Barbosa; Thiago Abreu; Benedito Cláudio da Silva; Regina Mambeli Barros; Geraldo Lúcio Tiago Filho; Ivan Felipe Silva dos Santos
Latin American J. of Management for Sustainable Development (LAJMSD), Vol. 6, No. 1, 2023

Abstract: Brazil's electricity grid has one of the highest shares of renewable energy resources in the world, at 83%, while the world average is about 22%. The country's energy market is the largest in Latin America and the ninth largest in the world. Since hydro power plays an important role, corresponding to about 65% of the country's energy grid, it is essential to develop mechanisms to mitigate risks of energy supply, through diversification of energy matrix and creating political instruments to minimise hydrological crisis' impacts. In that context, hybrid generation and market intervention mechanisms such as energy reallocation mechanism (MRE) can improve energy supply security. Therefore, this article aims to assess the status of hybrid generation in Brazil and the role of the MRE in the energy market, through exploratory analysis of government documents, national and international technical reports, and scientific articles. In conclusion, this study provides recommendations for developing a regulatory framework conducive for establishing a hybrid generation market in Brazil.

Online publication date: Tue, 18-Jul-2023

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the Latin American J. of Management for Sustainable Development (LAJMSD):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com