气候变化领域集成服务门户(CCPortal): Privatization of electricity distribution in Brazil: Long-term effects on service quality and financial indicators

CCPortal

DOI	10.1016/j.enpol.2021.112602
	Privatization of electricity distribution in Brazil: Long-term effects on service quality and financial indicators
	Muller R.B.; Rego E.E.
发表日期	2021
ISSN	0301-4215
卷号	159
英文摘要	In this study, we analyze the long-term effects of the privatization of electricity distribution companies carried between 1995 and 2000 in Brazil using statistical analysis of regulatory indicators of privatized and the remaining state-owned enterprises (SOEs). The sample includes indicators concerning service quality, losses, operational costs, and profitability from 34 distribution companies between 2008 and 2019, representing 97% of the market in energy terms. According to the results, private ownership positively affects both quality and financial indicators considering regulatory goals. Therefore, the privatization program seems to have achieved its original goal. In addition, partially privatized SOEs have similar quality indicators to private companies but do not achieve operational costs and profitability similar to regulatory references. The financial reports of remaining SOEs indicate the controlling federal states did not receive a positive net sum of cash flow in the last nine years. Privatization of such companies should improve financial indicators while maintaining or improving the service quality, besides generating revenue to the controlling federal states. © 2021 Elsevier Ltd
英文关键词	Brazilian energy policy; Electricity distribution; Privatization
语种	英语
scopus关键词	Electric utilities; Finance; Profitability; Quality control; Quality of service; Brazilian energy policy; Distribution companies; Electricity distribution; Electricity distribution companies; Financial indicator; Long-term effects; Quality indicators; Quality loss; Service Quality; State owned enterprise; Privatization; electricity industry; energy policy; privatization; service quality; state owned enterprise; Brazil
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/256515
作者单位	Department of Production Engineering, Escola Politécnica da Universidade de São Paulo, Av. Prof Almeida Prado, 128, Travessa 2, Cidade Universitária, São Paulo, SP 05508-070, Brazil
推荐引用方式 GB/T 7714	Muller R.B.,Rego E.E.. Privatization of electricity distribution in Brazil: Long-term effects on service quality and financial indicators[J],2021,159.
APA	Muller R.B.,&Rego E.E..(2021).Privatization of electricity distribution in Brazil: Long-term effects on service quality and financial indicators.Energy Policy,159.
MLA	Muller R.B.,et al."Privatization of electricity distribution in Brazil: Long-term effects on service quality and financial indicators".Energy Policy 159(2021).