CCEE brings together agents to discuss improvements in market monitoring

Prudential model was proposed to prevent liquidity risks in energy trading
3 minute(s) of reading
17-03-23-canal-solar-CCEE reúne agentes para debater melhorias no monitoramento do mercado
Meeting on Market Security held by CCEE this Thursday (16) brought together more than 300 energy market agents. Photo: CCEE Archive

A CCEE (Electricity Trading Chamber) met this Thursday (16) agents from various segments of the electrical sector to present the main proposals for prudential monitoring.

The new model, under debate in Public Consultation 011/22 of the ANEEL (National Electric Energy Agency), was inspired, according to the Chamber, by the best practices of the financial market and aims to avoid liquidity risks in the energy purchase and sale environment.

Right at the opening of the meeting, Rui Altieri, president of the CCEE Board of Directors, commented on the importance of the planned changes. “Today, even with the best tools available, it is not possible to foresee potential risks. That’s why we are committed to changing this reality and providing investors with greater peace of mind and security.”

One of the main changes will be the periodic request for information on the assets and leverage of traders and generators that trade electricity, which will allow the entity to evaluate market movements. With this, they hope to identify anomalous conduct more quickly and avoid impacts from possible cases of default.

Event is divided into 3 panels

In the first of them, Roseane Santos, CCEE advisor, detailed what shadow monitoring will be like, a period to observe the applicability of the new rules.

“It will be an awareness phase, without penalties, and with the maximum possible security in the processing of data. The information will be encrypted and processed in a completely confidential computing environment prepared by CCEE”, he highlighted.

On the occasion, Fernando Colli, advisor to the ANEEL board, mentioned that Brazil is among the 10 largest energy markets in the world and that it needs improvement in operations.

The executive also reinforced that agents can, until April 17, contribute suggestions in Public Consultation 011/22, for a collective construction of the new rules.

The debate was also attended by Rodrigo Ferreira, vice-president of FASE (Forum of Electrical Sector Associations), who recalled the resilience of the sector in the face of the challenges faced in the Covid-19 pandemic and during the period of water scarcity, in 2021.

The second panel addressed Risk Methodologies for executives in the area. The conversation, mediated by advisor Roseane Santos, had the participation of debaters Alan Genaro, managing partner of Riscotrica, Alexandre Viana, CEO of Thymos Energia, and Vitor Gonçalves, Market Security specialist at CCEE.

The third and final panel dealt with the Prudential Monitoring Platform and the security tests that are being carried out by the Chamber of Commerce to ensure the reliability of the system that will be used in prudential monitoring.

The debate aimed at technology professionals was coordinated by a team of experts in Technology and Market Security from CCEE: Marcelo Molina, Helen Apolinário, Edson Lugli and Gabriel Brito.

Picture of Mateus Badra
Matthew Badra
Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. Has been following the Brazilian electricity sector since 2020.

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