Thu, Jan 8

Electricity Price Monitor (Brazil)

Electricity Price Monitor (Brazil)

Firm prices for future delivery are quoted this week at R$ 220/MWh.

The marginal cost of expansion cost (MCE), according to my calculations, is R$ 228/MWh for conventional energy.

Conclusion

The prices offered by the market are still ATTRACTIVE because they are BELOW the MCE. But... the graphic trend shows a reversal!

1 USD = R$ 5.4

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