Issue 117 • September 2016

THE RISK AVERSION SAGA, EPISODE V

OPINION

The announcement of SAR adoption from 2018 marks the fifth change in risk aversion methodology. In this Opinion section, we try to show that: (i) the conceptual basis of these methodologies is relatively simple, and all have the same objective, which is to achieve a certain degree of operational security; (ii) on the other hand, the methods are very different in terms of applicability, computational effort, number of parameters etc.

REGULATIONS

In this section we make an initial assessment of each amendment to MP 735 approved by the House.

WATER RESOURCES AND ENVIRONMENT

The subject of this section is the imbroglio of Manaus-Boa Vista transmission line.

INTERNATIONAL

In this issue, we analyze the breaking of the monopoly of CFE (Mexico’s state electricity company), after the reform of the electricity sector in the country; and the challenges of Africa for the renewal of its energy matrix.

SUPPLY

This issue presents the updated balance of energy demand and structural supply for the coming years, including our traditional delay meter.

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Electronically published since 2006, the PSR Energy Report is a monthly newsletter developed by PSR, whose main objective is to present a comprehensive and current analysis of regulatory, legal issues, water resources and environment and supply of the electricity sector in Brazil.