After Covid-19, distributors may have leftover power

On Tuesday (5), while participating in live broadcast promoted by the Brazilian Association of Basic Industries (Abdib), the Minister of Mines and Energy, Bento Albuquerque, said that electricity distributors can get about 20% of contractual energy leftovers this year. The result would be due to the sharp drop in energy consumption in Brazil, as a consequence of the coronavirus pandemic.

"Some distributors in the North of the country and the Northeast are a little more concerned and we have already seen that they can achieve up to 40% of overcontracting," said the minister, without mentioning the names of the companies. 

Under the rules, distributors can pass on energy surplus costs of up to 5% to consumers. From this value, the result of the sale of leftovers in the energy market can generate direct damage to the electric ones. Albuquerque also warned about the number of defaults that distribution concessionaires have suffered, from a traditional average of 3% to 12% in the last 30 days.

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