1 2 RESUMO Desde a chamada reforma do Estado, em meados dos anos 90, o Brasil adota o modelo regulador, formado por autarquias em regime especial, que normatizam e fiscalizam, de forma técnica, mercados 'desestatizados'. A competência normativa dessas agências é alvo de diversos questionamentos. Neste trabalho, procurou-se, com base em estudo de caso que tem como objeto a Resolução n. 500/2012 da ANEEL, a qual estabelece os procedimentos para reembolso do custo de combustíveis de empreendimento que utilize carvão mineral nacional, analisar as controvérsias e os limites dessa competência regulamentar, que é pautada por conceitos indeterminados. ABSTRACTSince the reform of the state, in the mid-90s, Brazil has adopted a regulatory model, formed by authorities in special regime that regulate and supervise, in a technical way, "privatized" markets. The legislative power of these agencies is the subject of several questions. In this paper, the objective was, based on the case study which has as an object the Resolution n. 500 /2012 of ANEEL that establishes the procedures to reimbursement enterprise fuels that use national mineral coal, to analyze disputes and the limits of this regulatory power, which is marked by indeterminate concepts.
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