Energy Transition Governance; Addressing the new governance of the industry, and the regulatory challenges

This report was created within thescope of the EU-Brazil Sector Dialogues (10th Call), focusing on energy policy, i.e., “Energy Transition – Addressing the new governance of the industry, and the regulatory challenges”. The project results from the partnership entered between the Directorate-General for Energy to the European Union (DG ENER) and the Brazilian Ministry of Mines and Energy (MME).

The purpose of the Sectoral Dialogues’ Initiative is to narrow the cooperation between the European Union (EU) and Brazil. The objective of this Dialogue is to help improve the understanding on the challenges, and opportunities in the energy transition, by exploring new architectures of the market, new regulation formats, and new governance methods currently emerging on both sides of the Atlantic. With a one-year duration, the main goal of this dialogue was to extend the cooperation between the UE and Brazil, in terms of design and implementation of new governance frameworks, and energy regulation. Improved governance and regulatory frameworks can provide more opportunities for mutual investments across regulated segments, such as power, thus fomenting competitiveness, creation of job opportunities, and growth for Brazil, and the UE.