The World Cup is a crucial event for gauging the quality of football teams from around the globe.
Teams that prepare systematically and adopt well-conceived game strategies stand the best chance of reaching the top of the competition.
The energy sector is no different! Countries aiming for the best metrics—such as the cost of electricity in $/kWh—must necessarily achieve and maintain a specific set of conditions, including:
1) Regulation consistent with competitiveness
2) Active and continuous regulatory oversight
3) Very low levels of energy theft (illegal connections)
4) Widespread demand-response programs
5) Non-firm energy sources paired with customer-side battery storage
6) And the list goes on! The harsh reality is that Brazil ranks last among the BRICS nations in terms of $/kWh costs—much like our football team.