Portal de Periódicos da CAPES

Driving Performance at Brazil’s Electricity Regulatory Agency

2021; Organization for Economic Cooperation and Development; Linguagem: Inglês

10.1787/11824ef6-en

2415-1440

Electric Power System Optimization

Economic regulators are key actors, ensuring the affordability, quality and accessibility of essential services.The stakes are high: regulators' actions affect market outcomes and can have strong social and environmental implications.Fast-changing markets and exogenous shocks make balancing these outcomes even more challenging today.They are expected to provide stability to markets that are constantly changing, and to design regulations that protect public interests without impeding innovation.Remaining effective in a dynamic context requires mature regulators that are agile and forward-looking, comfortable in the use of their regulatory discretion to advance long-term policy objectives.It also requires more proactive dialogue and co-ordination to enhance role clarity and independence.Good governance is an essential ingredient to ensure the effectiveness of the regulator and support better outcomes, even in the face of rapid or unexpected change.Economic regulators often operate with a certain degree of independence, which can signal a commitment to long-term goals and enhances the integrity of regulatory processes.At the same time, measures to maintain accountability and promote transparency provide external scrutiny of the regulator's actions.This report applies the OECD Performance Assessment Framework for Economic Regulators (PAFER) to Brazil's Electricity Regulatory Agency (Agência Nacional de Energia Elétrica -ANEEL), upon invitation of the regulator.The OECD has developed the PAFER framework to support regulators as they face the significant challenges posed by changing sectors and short-term shocks, to assess and strengthen their organisational performance and governance structures.The framework, based on the OECD Best Practice Principles on the Governance of Regulators, analyses regulators' internal and external governance, including their organisational structures, behaviour, accountability, processes, reporting and performance management, as well as role clarity, relationships, distribution of powers and responsibilities with other government and non-government stakeholders.