Centrais Elétricas Brasileiras S.A. (Eletrobras) was incorporated by Law 3,890-A on June 11, 1962, in the form of a mixed capital joint stock company, with the task of promoting studies, construction projects and the operation of power plants, transmission lines and electric power distribution, as well as to carry out commercial acts arising from these activities, such as selling electric power.
Eletrobras is active in the generation, transmission and marketing of electric power in the country and contributes to making the Brazilian energy matrix one of the cleanest and most renewable in the world. As of December 31, 2021, Brazil had an installed capacity of 181 GW, of which Eletrobras contributed 28%, or 50 GW. Of this total 23% is its proportional participation in projects carried out through Special Purpose Companies (SPCs) and 16% comes from shared ventures, including half the capacity of Binational Itaipu (7,000 MW).
About 97% of the company’s installed capacity comes from sources with low greenhouse gas emissions (“GHG”), such as hydro, wind and solar. Eletrobras is one of the world’s largest generators of clean and renewable energy and is largely responsible for Brazil’s electricity matrix being the second cleanest and most renewable in the world, thus pursuing the mission and vision of its Strategic Planning. Given its participation in the country’s electricity matrix, by 2021, 51% of the total installed from sources with low GHG emissions will belong to Eletrobras.
The transmission line network of the Eletrobras companies reached, by December 31, 2021, approximately 74,000 km, of which 66,500 km are Eletrobras System corporate lines and 7,500 km correspond to Eletrobras’ participation through SPEs. Considering only the basic grid of the National Interconnected System, that is, the voltages of ±800, 750, ±600, 525/500, 345 and 230 kV, the company is responsible for 68.3 thousand km of transmission lines, which represents 40.2% of the total of lines in Brazil in these voltages.