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New power sector law (Law 14.120/2021)

Source: IEA/IRENA Renewables Policies Database
Last updated: 20 July 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 to value the environmental benefit ofnew valorization mechanisms for renewable energy

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

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