Brazil's Ministry of Mines and Energy is gearing up to propose a restructuring of the country's electricity sector to tackle rising energy rates and ensure a stable environment for investments in energy infrastructure. The aim is to correct existing distortions that have contributed to the hike in energy costs. The government plans to introduce a proposal to the national congress by September, with the possibility of it taking the form of a bill or provisional measure. The focus is on allowing more consumers to choose their electricity supplier, moving towards a more open market. Efforts are also underway to enable the transition of all consumers to the open market in the coming years while ensuring distributors are not left over-contracted. Additionally, the recent approval of a bill by President Lula da Silva establishes a regulatory framework for green hydrogen in Brazil. The law includes incentives, such as the Rehidro regime, to promote low carbon hydrogen production. Minister Silveira emphasized the importance of developing a local green hydrogen chain to reduce reliance on imported fertilizers and decrease the use of polluting fuels in the transportation of such products. These initiatives signal a positive shift towards renewable energy and sustainable practices in the Brazilian energy sector, with a strong emphasis on promoting domestic production and reducing environmental impact.