Brazil’s electricity & gas markets

In this exclusive interview, the chief finance officer of Brazilian utility Cemig, Luiz Fernando Rolla, speaks with Gillian Carr about the development of the emerging Brazilian power and gas markets, and his company’s future plans

Brasil map glow

While Europe and the US continue to endure an economic downturn, in contrast the Brazilian economy is forecast to grow 3% in 2012 and 4.1% in 2013, according to the International Monetary Fund’s country outlook. And with its industries continuing to expand, demand for electricity is expected to increase 52% to 633 terawatt hours (TWh) from 415 TWh by 2022. As Brazil currently has the third-highest electricity prices in the world, there is a pressing need for more infrastructure and better

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