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National Electric Energy Agency, Aneel, Determines Increase Exceeding R$ 25 Million to Cover Hydric Scarcity Expenses
On Tuesday, March 29, the board of the National Electric Energy Agency (Aneel) approved a change in the loan ceiling amount to the electric sector to cover costs of the severe hydric crisis. An additional R$ 25.3 million will be added to the current amount, increasing it from R$ 5.339 billion to R$ 5.365 billion. The resulting amounts from the adjustment will be paid by consumers over the coming years, taking interest into account.
According to Marlla Sabino’s text for the online news outlet Broadcast, the approval of the credit operation took place in March, by the National Electric Energy Agency (Aneel) itself. Considering that the tariff flags could not raise enough funds, the new amount determined by Aneel will also cover, in addition to the deficit of the Tariff Flags account, the expenses incurred with the import of energy during the months of July and August, the bonus for consumers who saved energy and amounts owed to the distribution companies.
Objectives of the Change
The adjustment approved by the National Electric Energy Agency (Aneel) – which had already authorized loans for the electric sector – was made to encompass the portion corresponding to the amounts owed to companies whose electric distribution services are permitted, also known as “permissionaires.” These companies do not obtain a concession contract, as occurs with distributors. Thus, following the change in the amount as determined by Aneel, they will have a period of up to five days, counted from the announcement of the decision, to announce the amounts they wish to request as a loan.
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Director Efrain da Cruz, the process’s rapporteur, stated that the inclusion of the amounts corresponding to the approvals of these companies is guaranteed by the Provisional Measure that regulates the loan. “The amount to be added represents 0.47% of the approved ceiling amount for the first tranche of the credit operation, which rises from R$ 5,339,761,530.51 to R$ 5,365,062,152.96,” said the rapporteur.
About Aneel
Brazil has the National Electric Energy Agency, or simply Aneel, to determine the growth and quality of the electric energy sector, which is so important for the country. Thus, Aneel’s main function is to oversee and regulate the production, transmission, commercialization, and distribution of electricity within the national territory. Another responsibility of Aneel is to grant, authorize, or allow electrical installations and services.
Additionally, Aneel plays a role in implementing policies in the sector, conducting auctions and concessions, managing contracts, establishing rules for energy service, creating methodologies for tariff calculation, and overseeing the energy supply and mediating conflicts.
Solar Energy: Banco Santander Plans to Make R$ 10 Billion in Credit Available for the Clean Energy Sector in Companies and Residences
Banco Santander plans to double the credit amount allocated to solar energy in 2022 compared to last year’s value. The institution also intends to provide credit of around R$ 10 billion exclusively for financing the purchase of equipment and installation of solar energy production systems on a residential and business scale. For Santander, the main goal of this measure is to assist in the distribution of solar energy throughout the country, as it is a clean and sustainable energy source, but not widely accessible. Last year, the bank made around R$ 5.3 billion available for the solar energy sector. To learn more about news in electric and solar energy, click here to read this article from CPG in full.
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