“Samba” auctions, a model for Latin America

FuturENERGY February 2020

Brazil started its power sector reform in 1996. It created the basic conditions for private participation to take place in the electricity market. It established an independent system operator, to ensure open access and an adequate operation of the electricity market; a short-term electricity market that empowered the customer to choose and purchase electricity with the best conditions of price, quality and service; and a regulator to ensure that the rules of the game reinforce the market model, promote competitiveness and guarantee compliance…Leonardo Beltrán, Non-resident fellow of the Institute of the Americas