INSTITUTIONAL STRUCTURE OF THE ELECTRICAL SECTOR IN BRAZIL AND SUSTAINABLE DEVELOPMENT

Abstract

The objective of this article is to analyze, in the theoretical field, the relationship between energy sustainability and the Theory of regulation in order to contribute to the improvement of the decision-making process in the Brazilian electric sector. Institutions in the Brazilian electricity sector face major market challenges that put pressure on these organizations to be able to constantly plan integrated and sustainable actions. These challenges are linked to the pressing need for electricity and the need to operate efficient mechanisms to deal with environmental issues. The methodology, of a theoretical nature, was based on a bibliographic survey related to the themes: energy sustainability, Regulation theory and sustainability indicators. The study concluded that only through the construction of a model of sustainability indicators will there be strategic orientation to the decision-making process in electricity regulatory institutions.