Brazil's rationing crisis (2001)
A drought cut hydroelectric output while generation and transmission investment lagged demand. The government ordered across-the-board consumption cuts to avoid blackouts.
Consumers and industry cut power use under mandatory targets; the crisis dominated national politics.
Brazil built out its auction system for generation and transmission, opening both to foreign operators under fixed concession contracts.
The auction model that brought EDF into Brazil's grid exists because of that shortage. Açu Transmissora is one of its later outputs.
