Brazil Power-Bill Costs Jump Almost US$200 Billion in Senate Vote

Brazil · Business Key Facts —Total extra cost Over R$1 trillion (~US$196 billion), reaching R$1.5 trillion (~US$294 billion) including Eletrobras law changes —Annual impact R$44.2 billion/year (~US$8.7 billion) from 2032, rising to R$54.9 billion/year (~US$10.8 billion) from 2035 —Mandated gas plants 2,500 MW of natural gas thermoelectric plants forced into contracts —Mandated small hydro 4,900…