Energy Magazine October 2014 | Page 148

ABCE
Book of ABCE ’ s 70 years
electric power scenario with low rain , low level of the water hydroelectric reservoirs and reduced hydroelectric generation which has demanded the most expensive thermoelectric generation . ABCE has deeply acted before the National Congress during the process of conversion of the Presidential Decree ( Medida Provisória ) 579 into Federal Law 12783 / 2013 which has defined the new rules for the electric power concession renewal and for the purchase and sale of electric power to the captive and the free energy markets . One of the great achievements of ABCE during such process was the acceptance by the Federal Government to indemnify the electric power transmission companies for the assets they built before May 2000 . However , such indemnification has not being paid yet . According to Mr . Vivan , ABCE CEO and energy specialist attorney , “ ABCE defends all sources of electric power generation , specially the hydroelectric power plants with large water reservoirs , in view of its electric power generation
148 October 2014