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International experience with private sector participation in power grids : Brazil case study (anglais)

The power sector which consisted almost exclusively of enterprises under Federal and State control was severely affected by the repercussions of this negative phase for the Brazilian economy. The tariffs for sales between generators and distributors (wholesale trading) and from the latter to end‐consumers (retail sales) were all established by the Brazilian Government. Frequently used as tools for curbing inflation, they fell well below the real costs...
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