INTIEABrazil · New power sector law (Law 14.120/2021)PolicyIn force

New power sector law (Law 14.120/2021)

Approved executive order (MP 998/2020) that changes several points in power sector legislations:  - New criteria for auctions - Allows to use R & D and EE funds to conta covid - Reduces the discounts on usage tariffs for renewable energy - Establishes the need to define ways…

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Country / jurisdiction: Brazil · Year: 2020 · Status: In force · Level: National · Type: Voluntary

Approved executive order (MP 998/2020) that changes several points in power sector legislations:

- New criteria for auctions

- Allows to use R & D and EE funds to conta covid

- Reduces the discounts on usage tariffs for renewable energy

- Establishes the need to define ways to value the environmental benefit ofnew valorization mechanisms for renewable energy

- New financial structure for nuclear power plant Angra 3 -among others

Official source: http://www.planalto.gov.br/ccivil_03/_Ato2019-2022/2021/Lei/L14120.htm

Source

https://www.iea.org/policies/13013

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