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Transforming Brazil's Power Market
This chapter explores the evolution of Brazil's power sector towards privatization and competition over the last twenty years, emphasizing the growth of renewable energy sources like hydro, wind, and solar. It analyzes the complexities of market volatility influenced by weather conditions, particularly droughts, while discussing the challenges and opportunities in transitioning to a fully free electricity market. The chapter also addresses the implications for market dynamics and the potential risks for entrepreneurs in the emerging energy landscape.