Following the enactment of Decree No. 10,946/2022, the Brazilian legal framework for offshore power generation projects has been further regulated by (i) MME Ordinance No. 52/2022; and (ii) MME/MMA Joint Ordinance No. 03/2022. Both the Ordinance and the Joint Ordinance became effective simultaneously on November 1, 2022.

MME Ordinance No. 52/2022 establishes the rules and additional guidelines for the assignment of use of offshore areas for power generation, while the Joint Ordinance No. 03/2022 instructs for the creation of the Unified Portal for Managing the Use of Offshore Areas. Both diplomas became effective simultaneously on November 1, 2022.

Read the complete regulatory update on “New Regulations on Offshore Power Generation” prepared by Mayer Brown here