Part of EnergyBiz® Network »
Utility Management Group
Senior decision-makers come together to connect around strategies and business trends affecting utilities.
Post
Power prices (Brazil)
Power prices (Brazil)
In the last few weeks, the spot, called PLD (CCEE), started an upward trajectory
About 1 month ago it was at R$ 56/MWh. Now R$72/MWh.
Long-term firm prices are in the range of R$170/MWh. It means that the spot is still "very low".
The hydroelectric reservoirs, which represent the most important source of power supply in the country, are doing quite well!.
Therefore the decisive factor for the movement of prices will be the demand, since the offer is "well behaved".
Anyone who bets that the country will continue with the economy at its current (slow) pace can predict long-term power prices stability. If, however, the chosen scenario is one of vigorous growth, prices should rise and well!
What will your assessment be?
1 USD = R$ 5.3
Rafael Herzberg
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.
Your access to Member Features is limited.
Sign in to Participate