Apresentação realizada por Roberto Castro, conselheiro da CCEE, em 22 de abril de 2018

1. BRAZILIAN MARKET OPERATOR
CCEE – CÂMARA DE COMERCIALIZAÇÃO DE ENERGIA ELÉTRICA
Roberto Castro
Administration Board
Download our APP
April 22, 2018

2. 3
Talking Points
Governance
CCEE’s Role
Brazilian Market
Consumption
Generation
Renewables
Auctions
Conclusions
2

3. 3
Talking Points
Governance
CCEE’s Role
Brazilian Market
Consumption
Generation
Renewables
Auctions
Conclusions
2

4. 3
Talking Points
Governance
CCEE’s Role
Brazilian Market
Consumption
Generation
Renewables
Auctions
Conclusions
2

5. 3
Talking Points
Governance
CCEE’s Role
Brazilian Market
Consumption
Generation
Renewables
Auctions
Conclusions
2

6. 3
Talking Points
Governance
CCEE’s Role
Brazilian Market
Consumption
Generation
Renewables
Auctions
Conclusions
2

7. (2017)
Associated members
(as in March 2018)
7,010
Generator
Trader
Free Consumer
Self Power
Producer
66
866
227
46
Special Consumer*
4,483
Distributor
46
of the members
76%
* Demand equal or above 0.5 MW (small consumers) 7
CCEE Associated Members
Independent Power
Producer1,276 Accounting
USD
billions
13

8. 3
Brazilian Market
8

9. Main Figures
Area 8.5 millions Km2
Population 207 millions
GDP 2017 US$ 2.2 trillions
GDP 2017 per capita US$ 9,683
Language Portuguese
INS (SIN) x Europe
30%
70%
Free market
Regulated
64%
27%
8%
1% 0,1%
Hydro
Thermal
Wind
Nuclear
Solar PV
Installed CapacityConsumption
80% RENEWABLE
9
Brazilian Market

10. Brazilian Market
10
Market operator
Centralized Spot
price calculation
and contractual
position settlement
System operator
Centralized
dispatch of power
plants and
Transmission
System
Centralized System and Market Operation

11. Sellers:
Generators, IPP, Traders and
Self-Generators
Sellers:
Generators, IPP, Traders and
Self-Generators
Auctions
Regulated Market:
Distributors Companies
(DISCOS) supplying
captive consumers
Free Market:
Free Consumers,
Special Consumers,
Traders
Over the Counter
and Power
Exchanges
Auctions and Quotes
(Old Hydro Power Plants,
Itaipu and Nuclear Plants
Angra I-II)
Reserve Energy:
Amount defined by MME in order
to increase supply security. Its is
paid by a surcharge over all loads
Sellers:
Generators, IPP
Sellers:
Generators, IPP
Current Brazilian Market Design - Main Figures
11

12. Consumption (MWavg)
2014
61,699
64,710
2015
61,343
- 0.6%
+ 0.3%
+ 1%
+ 1.2%
2016
61,537
2017
62,323
Source: ONS, EPE and CCEE
12
+ 12%
72,574
2014
2017
+ 3.9% per year
Projection (Aug, 2014)
Measured consumption

13. 13
Hydro
43,937 MWavg
Wind
4,618
Thermal
13,540
71%
7.5%
22%
Solar PV
44.5
0.1%
Biomass:
Generation – 62,141 MWavg (2017)
MWavg
MWavg
MWavg
2,908 MWavg
4.5%
83% Renewable

14. Installed Capacity
Renewables represent approx. 80% of Brazilian electricity matrix 14

15. 15
Hydro
Biomass
Wind
Solar PV
Renewables Energy (Installed Capacity)
GW
2
0
1
8
2
0
2
2
158.49 GW (total)
64%
9%
8%
0.7%
174.27 GW (total)
62%
8.5%
9.5%
1.5%
Source: MME, EPE and Aneel

16. 73auctions held
USD 525 billions*traded
USD 38.4 billions*investment
9.3 TWh contracted
Energy Auctions
*1 USD = 3.3138995 BRL / Currency in Apr 03, 2018
Source: Central Bank of Brazil
16

17. Prices by technology (auctions)
17Source: EPE

18. Prices by technology (auctions)
(USD/MWh)
Solar PV Wind HydroBiomassThermal
$ 75
$ 51
$ 48
$ 70
$ 75
*1 USD = 3.3138995 BRL / Currency in Apr 03, 2018
Source: Central Bank of Brazil
18

19. 3
Conclusions
19

20. Conclusions
Previsibility
20
Atractive Environment
for Investors

21. Thank you!