Politics · Brazil · 2 hrs ago

Brazil’s lower house fast-tracks bill on electric battery costs

Brazil’s lower house fast-tracks bill on electric battery costs

Brazil’s lower house approved fast-tracking a bill that would change how electric battery costs are shared.

The proposal, written by lawmaker Arnaldo Jardim, would divide the costs of hiring batteries between electricity generators and consumers.

Current rules reserve those costs for energy-sector agents, under regulation by Brazil’s electricity regulator, Aneel.

Supporters say the existing arrangement creates uncertainty for battery auctions planned for December and could affect electricity prices.

The bill has priority, but has not passed; the lower house is expected to vote on it after the presidential runoff scheduled for October 25.

It still needs government negotiations and Senate approval before it can become law.

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Absae, Absolar, Apine, Abeeólica and AbiapeEnergy-sector associations
All technologies and solutions that provide similar services to users should be subject to the same legal regime, allowing fair allocation and comparison of costs. Therefore, the cost-sharing rules for capacity reserves should be the same for all solutions that may be contracted.
via CNN Brasil