This group brings together the best thinkers on energy and climate. Join us for smart, insightful posts and conversations about where the energy industry is and where it is going.

Post

Average spot for 2021

Rafael Herzberg's picture
Consultant energy affairs Self employed

Rafael Herzberg- is an independent energy consultant, self-employed (since 2018) based in São Paulo, Brazil* Focus on C level, VPs and upper managers associated to energy related info, analysis...

  • Member since 2003
  • 2,113 items added with 1,235,708 views
  • Jan 15, 2021
  • 571 views

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?

Rafael Herzberg's picture
Thank Rafael for the Post!
Energy Central contributors share their experience and insights for the benefit of other Members (like you). Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member.
More posts from this member
Discussions
Spell checking: Press the CTRL or COMMAND key then click on the underlined misspelled word.

No discussions yet. Start a discussion below.

Get Published - Build a Following

The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.

If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.

                 Learn more about posting on Energy Central »