ENERGY MARKET: UNA VEGA OR LAS VEGAS?

OPINION

In this editorial, we analyze what happened to the trading company Vega Energy, discuss some of the solutions that are adopted by other markets to mitigate this type of risk and, finally, show that, currently, in the Brazilian power sector, a few propositions already exist to deal with this kind of event.

REGULATORY

In this issue, we commented on the Surplus Selling Mechanism (SSM), which should enable distributors to manage excess contracts that resulted from the reduction in demand in recent years. Moreover, we unfortunately discuss, once again, the physical guarantee profiling for MRE purposes.

WATER RESOURCES AND ENVIRONMENT

In this section, we analyze again the theme of indigenous peoples, protection of our forests and conflicts with agricultural activities, which is always very controversial but gained new nuances in the newly sworn-in government.

INTERNATIONAL

In the international section, we analyze the agreements made in Katowice at COP 24, including new proposals and initiatives of each country to fight climate change, their weaknesses and what should be done from now for countries to meet their emission targets.

SUPPLY

This edition features the updated balance of demand and structural supply of energy for years to come, including our traditional Delay Meter.