EBITDA Breakdown and Q1 2022 Results
Regulation Update Q1 2022
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Resolution SE No. 238/2022: Updated the values of the remuneration to generators of Resolution SE No. 440/2021, by means of a linear increase of 30% retroactive
to February 2022 and an additional 10% as from June 2022.
Resolution ENRE No. 75/22: Adjusted the values of the Tariff Table as of March 1, 2022, stating that Edesur's new average tariff is $ 6,240/kWh (+16.4%) and that
the distribution cost is increased by 8%, in the same proportion as the values of the cost of non-supplied energy.
Water Scarcity Account: Aneel approved the creation of Water Scarcity Account, destined to receive funds to cover the additional costs derived from the water
scarcity situation for the concessionaires of electricity distribution, and the deferral of the tariff adjustments until the date of the credit (Expected to May 2022). The
repayment of the loan to the banks will be carried out through a specific tariff charge within the period of 54 months, as of the 2023 tariff processes.
Presidential Decree No. 10.893/2021: Establishes that the Regulator would grant authorization for generation power plants until March 3rd, 2022 without the Network
Feasibility Document (issued by Brazilian TSO- ONS). This allowed to progress with projects that are in critical regions (connection wise).
Res. CREG 101-001/2022: It establishes the conditions for implementing advanced metering infrastructure in the National Interconnected System. Among the aspects
to be highlighted is the delegation of the responsibility for the development to the network operator and defines the maximum annual cost of remuneration at 15% of
the base cost of commercialization.
Roadmap for Offshore wind projects: The Ministry of Mines and Energy published the roadmap for energy generation with offshore wind projects as part of the
diversification process of the country's energy matrix.
State of national emergency due to COVID-19 remains in place. Nevertheless, economic activities are running at full capacity.
VAD: proposal to be presented to NRA in May, 3rd at its final stage. Process schedule has been published and new tariffs are expected to be applied by November,
1st 2022. Adjust on outsourcing of activities (due to new legislation) is currently under analysis.
Panama Short-term tender ETESA (ETESA 01-21): The awarding process for the contracting of energy for the period from Nov-2021 to Dec-2023 was completed.
Costa Rica - Law for the promotion and regulation of distributed energy resources from renewable energies
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