Brazil Rules Let Consumers Trade Renewable Power to Utilities
April 18 (Bloomberg) -- Brazil issued rules allowing homes and businesses to offset the energy they consume with power generated by rooftop solar systems and other renewable energy sources.
Utility customers will generate credits from wind, solar, biomass and hydroelectric power plants that may be traded for electricity, the Brasilia-based power regulator Agencia Nacional de Energia Eletrica said yesterday on its website.
Operators of solar plants with capacities of as much as 30 megawatts will also receive a discount on fees for using power distribution and transmission infrastructure.
To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net
To contact the editor responsible for this story: Will Wade at wwade4@bloomberg.net
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