The Infona portal uses cookies, i.e. strings of text saved by a browser on the user's device. The portal can access those files and use them to remember the user's data, such as their chosen settings (screen view, interface language, etc.), or their login data. By using the Infona portal the user accepts automatic saving and using this information for portal operation purposes. More information on the subject can be found in the Privacy Policy and Terms of Service. By closing this window the user confirms that they have read the information on cookie usage, and they accept the privacy policy and the way cookies are used by the portal. You can change the cookie settings in your browser.
The need to attract private capital was one of the main drivers for the deregulation of electricity markets in Brazil. The early 90s scarcity of public resources for infrastructure investments was responsible for the need of private funds. However, the deregulation process was not as straightforward as firstly conceived, and adjustments had to be made. This paper analyses the causes and consequences...