Brazil MME regulates reimbursement for wind and solar curtailment
The Brazilian Ministry of Mines and Energy has issued an ordinance establishing the framework for compensating renewable energy generators for systemic curtailment losses incurred between September 2023 and November 2025. This regulatory move implements provisions from the 2025 electricity sector modernization law, aiming to mitigate financial risks for wind and solar operators. The impact on long-term grid stability and utility balance sheets remains to be determined as the reimbursement process begins.
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Brazil-US Trade Friction Amidst Brazilian Industrial Policy Shift
Brazil is actively pursuing a state-led industrial development strategy ('Brasil Soberano 3') and diversifying export markets in response to confirmed US trade restrictions. Concurrently, the Brazilian government is evaluating a formal WTO dispute against the US, signaling potential escalation in bilateral trade relations. The impact of US tariffs is also influencing Brazilian domestic politics, potentially bolstering President Lula's standing.