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Market & Investments

Free energy market generated R$100 billion in 2023

Until last year, free consumers saved around R$333 billion on their electricity bills

free-energy-market

Around 55% of renewable generation is sold on the free market. Image: Freepik

ABRACEEL (Brazilian Association of Energy Traders) released, this Wednesday (10), the balance of the free energy market in 2023.

Last year, transactions in this environment generated approximately R$100 billion, considering net revenue from taxes, charges and fees for using the transmission and distribution system. The total volume of energy transacted was 114.967 MWmed.

The free market ended the year with 38.531 consumer units, representing an increase of 15%, that is, 7.169 new units entered this electricity trading model.

When analyzing performance by activity sectors, growth above double digits is observed in all 15 monitored sectors, with emphasis on the Sanitation (51%), Transport (45%), Services (34%), Commerce segments (22%), Non-Metallic Minerals (22%), Food (21%) and Miscellaneous Manufactured (17%).

Currently, the free market represents 41% of all electrical energy consumed in Brazil, totaling 24.154 MWmed. The country has 517 wholesale traders and 103 retail traders. These agents transacted 72.153 MWmed in 2023, which represented 68% of all energy traded in the segment.

According to ABRACEEL, around 55% of renewable generation is sold on the free market, following the following stratification:

  • 49% wind;
  • 77% biomass;
  • 58% PCH;
  • 59% solar.

“Throughout 2023, free market consumers saved around R$333 billion on their electricity bills,” states the association. Since January, this market has been open to all companies connected at medium and high voltage, known as Group A.

According to ANEEL (National Electric Energy Agency), around 19 thousand consumers have already notified their intention to leave the regulated environment between 2024 and 2025, 94% of which have consumption of less than 500 kW, classified as retail customers.

An ABRACEEL study showed that opening the low voltage market has the potential to generate R$35,8 billion in savings per year – compared to what these consumers pay in the regulated market. The Minister of Mines and Energy, Alexandre Silveira, believes that full opening could happen by 2030. 


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Wagner Freire
About the Author
Wagner Freire

Wagner Freire is a journalist graduated from FMU. He worked as a reporter for Jornal da Energia, Canal Energy and Agência Estado. Covering the electricity sector since 2011. Has experience in covering events such as energy auctions, conventions, lectures, fairs, congresses and seminars.

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