EN 
PT_BR 
A Bloomberg announced the launch of a electronic trading tool no commissions for the Brazilian energy market.
Added to Bloomberg Terminal, the solution supports trading across all major energy instruments and enables over-the-counter (OTC) commodity counterparties to send and receive quote requests and execute trades electronically.
According to the company, there are tools for auctions through bilateral negotiations and prices for a term structure of up to five years.
"The service connects traders by means of instant operations, auditable It is no commission, added to Bloomberg’s existing fundamentals, tools, news and data,” they explained.
According to Geraldo Coelho, Bloomberg business executive in Latin America, electronic energy trading through Bloomberg creates a robust solution for purchasing and selling power in Brazil.”
“With greater transparency, efficiency and effectiveness, market participants will be able to make better informed decisions about their energy exposures”, he highlighted.
Expansion of the free market
The Brazilian energy trading market is growing rapidly, but needs more transparency, efficiency and technology, according to speakers present at the recent “Brazil Power Event”, held at the Bloomberg office in São Paulo.
Investments in renewable energy exceeded US$ 1 trillion globally, more than the contributions made to fossil energy, a survey by the BloombergNEF.
BNEF also found that Brazil is leading clean energy investments in Latin America due to its experience in renewable energy production and vast sources of wind and solar energy.
The objective now is to help the Brazilian energy market continue to expand and move further towards a low-carbon economy, said speakers at the event, including Vinicius Nunes, from BNEF.
“The best way to do this is to give energy players — generators, distributors and traders — the tools they need to move markets,” he said.
Other speakers at the event included Adriana Dupita, senior economist at Bloomberg for Brazil and Argentina; Itamar Lessa, Marketing Director at Casa dos Ventos and Rafael Tripode, Marketing Manager at Raízen.
“The free market has grown significantly in Brazil in recent years and our perception is that robust and sophisticated tools are essential to continue providing customized solutions for our partners”, stated Lessa.
“Our understanding is that the energy sector, catalyzed by renewable sources, can be one of the protagonists of reindustrialization and the resumption of growth in the country”, he highlighted.
For Tripode, the free Brazilian energy market is a competitive advantage. “The independent energy trader is capable of offering products and services at a speed that the captive market does not have.”
“We have the challenge of encouraging the creation of specialized labor and investing in the training of professionals to expand this successful environment”, he concluded.
