Spot rising strongly!
The (free) spot power price has taken a relevant leap.
In a few weeks it went from the level it was at, many weeks ago, of R$50/MWh and went - last weeek - to R$120/MWh. (1 USD = 5.3).
The long-term price remains "well behaved" around R$ 165/MWh.
Will the rise in short-term prices "contaminate" the long-term ones?
This question has an intricate answer, as two main factors are at stake: the demand of the Brazilian market for electric energy and the supply of water sources (that feed our hydro power plants and which are the most competitive in the country and, by far, the most important ones).
Demand depends on the state of the economy. The supply of nature (rain in the basins that supply the reservoirs of the power plants).
The good news: it is possible to take advantage of this situation. If you want to know how, get in touch!
Rafael Herzberg
Expert Member
Top Contributor