Brazilian Electricity Regulatory Agency
Encyclopedia
The Brazilian Electricity Regulatory Agency (in Portuguese, Agência Nacional de Energia Elétrica, ANEEL) is an autarchy of the government of Brazil linked to the Ministry of Mines and Energy
. Its stated goal is to "provide favorable conditions for the electricity market
to develop in a balanced environment amongst agents, for the benefit of society."
Ministry of Mines and Energy
The Ministry of Mines and Energy is a top-level government entity in several countries, responsible for the oversight of mining and energy production and consumption...
. Its stated goal is to "provide favorable conditions for the electricity market
Electricity market
In economic terms, electricity is a commodity capable of being bought, sold and traded. An electricity market is a system for effecting purchases, through bids to buy; sales, through offers to sell; and short-term trades, generally in the form of financial or obligation swaps. Bids and offers use...
to develop in a balanced environment amongst agents, for the benefit of society."