Table of Contents

Developing Countries & Global Climate Change: Electric Power Options in Brazil

Foreword     ii

Executive Summary     iii

I.   The Brazilian Energy Picture     1

1. The Role of Energy in Brazil's Economy     1
2. Supply and Demand in the Power Sector     3

II.   Current Dynamics     7

1. Evolution     7
2. Reform     7
3. Power Pricing     9
4. Efficient Electricity Use     10
5. Environmental Impacts of Electricity Generation Technologies     11

III.   Comparing Alternatives     14

1. Methodology     14
2. Assumptions and Scenarios     16
3. Results     20

IV.   Conclusions     28

Appendix A: Bibliography     30

Appendix B: Technology and Economic Characteristics     32

Appendix C: Specific Emissions     34

Appendix D: The Least-Cost Model     35

Endnotes     36