How the Privatization of Eletrobras May Lead To an Uncertain Future in Brazils Energy Transition and Favor Price Increase to the End-Consumer

Posted on February 15, 2023 by

NEW YORK, Feb 15 (IPS) – Eletrobras is Latin America’s biggest electricity company, responsible for around 30% of Brazil’s power capacity and 50% of all its transmission lines. In 2021, the Brazilian government announced it would reduce its controlling shares in this state-owned company from 72% to 10%. Given Eletrobras’ dominant role in Brazil’s power sector, this divestment in the government’s controlling shares merits a more complete understanding of the implications for Brazil’s energy transition and energy security.

Read the full story, “How the Privatization of Eletrobras May Lead To an Uncertain Future in Brazils Energy Transition and Favor Price Increase to the End-Consumer”, on globalissues.org →