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Regulatory impact of photovoltaic prosumer policies in Brazil based on a financial risk analysis

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  • de Oliveira Pinto Coelho, Eden
  • Aquila, Giancarlo
  • Bonatto, Benedito Donizeti
  • Balestrassi, Pedro Paulo
  • de Oliveira Pamplona, Edson
  • Nakamura, Wilson Toshiro

Abstract

In 2018, A Regulatory Impact Analysis (RIA) was launched to review the Brazil's prosumer remuneration scheme in Brazil. Six policy alternatives that can impose different financial risks on photovoltaic prosumers, including whether or not there are complementary incentives, are considered. Policy implications are based on an analysis of the financial risk to prosumers in São Paulo state in terms of the Conditional Value at Risk of Net Present Value. The results reveal that additional financial incentives can mitigate the financial risk of some alternatives. Some alternatives impose financial risk that may discourage new prosumers in some of the São Paulo regions studied.

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  • de Oliveira Pinto Coelho, Eden & Aquila, Giancarlo & Bonatto, Benedito Donizeti & Balestrassi, Pedro Paulo & de Oliveira Pamplona, Edson & Nakamura, Wilson Toshiro, 2021. "Regulatory impact of photovoltaic prosumer policies in Brazil based on a financial risk analysis," Utilities Policy, Elsevier, vol. 70(C).
    • Handle: RePEc:eee:juipol:v:70:y:2021:i:c:s0957178721000485
    DOI: 10.1016/j.jup.2021.101214
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    9. Melo dos Santos, Marcos Eduardo & Nem Singh, Jewellord & Castro, Rui & Santos, Hugo & Costa, Hirdan Katarina de Medeiros & dos Santos, Edmilson Moutinho, 2024. "SWOT analysis of Brazilian energy policy: A comparative panel data analysis of the twenty largest economies," Energy Policy, Elsevier, vol. 191(C).
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    11. de Jesus, Ábio Xavier Cardoso & Pinheiro Neto, Daywes & Domingues, Elder Geraldo, 2023. "Computational tool for technical-economic analysis of photovoltaic microgeneration in Brazil," Energy, Elsevier, vol. 271(C).

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