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Average spot for 2021
Average spot for 2021
The average spot for 2021, aspredicted by the Electric Energy Trading Chamber (CCEE), the official Brazilian clearinghouse, is R$ 93/MWh (1 USD = R$ 5.3)
This month, the spot is around R$ 300/MWh. This considering that it is midsummer - rainy season.
If the economy continues to recover, we will see an increase in demand.
Combining climatic factors (stressed hydropower plants reservoirs and less than expected rainfall for the summer) and a positive GDP, a scenario of an expressive price increase should reflect this new situation.
What's a more sensible scenario to consider: the CCEE's with a very low spot or a more realistic one, way higher?
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