Avaliação do Risco Regulatório em Pesquisa & Desenvolvimento no Setor Elétrico Brasileiro
This paper presents a methodology of R&D&I project ex-ante evaluation for the Brazilian electric power sector using a multi-criteria tool focused on risk. The R&D process in the Brazilian electric power industry is regulated by the National Electric Energy Agency (ANEEL), and requires...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Associação Nacional de Pós-Graduação e Pesquisa em Administração (ANPAD)
2015-03-01
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| Series: | RAC: Revista de Administração Contemporânea |
| Subjects: | |
| Online Access: | http://www.anpad.org.br/periodicos/arq_pdf/a_1562.pdf |
| Summary: | This paper presents a methodology of R&D&I project ex-ante evaluation for the Brazilian electric power sector
using a multi-criteria tool focused on risk. The R&D process in the Brazilian electric power industry is regulated
by the National Electric Energy Agency (ANEEL), and requires companies to invest part of Net Operating Income
(NOI) in R&D&I. This pushed firms to structure management routines for technological innovation efforts that
simultaneously mitigate market and regulatory risk. One way to achieve this issue is to perform an ex-ante
evaluation project selection methodology able to deal with somewhat antagonistic multiple-element analysis.
PiTech (Prioritization in Technology) is a very flexible and conducive tool for performing such a weighted
parametric multivariate analysis. The case presented in this article was performed with PiTech working with
operational, market and regulatory criteria in multiple combinations for 19 projects for a key holding group in the
Brazilian power market. The tool proved to be very useful by allowing decision makers to verify the
appropriateness of investment in R&D projects totaling R$61 million in 2010, minimizing regulatory risks and
preserving adherence to corporate interests. |
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| ISSN: | 1415-6555 1982-7849 |