BRIX’s Index shows the price variation in the electric power market in November São Paulo, December 1st. , 2011 – In November, the electric power price for delivery in the short term in the Brazilian market varied from R$ 52,22 per MWh to R$ 70,33 per MWh. The appreciation recorded in the period was of 32.55%. The spot price of electric power of the conventional type became transparent because of BRIX’s Index publication, which captures on a daily basis the value of the premium used in the negotiations among ACL – Ambiente de Contratação Livre (free market)’s agents in the Southeast/Center-West submarket. The electric power price in the short term is determined by the sum of the premium values’ practiced in the market, evidenced by the BRIX Index and the PLD - Preço de Liquidação das Diferenças (Settlement of Differences Price), released on a weekly basis by CCEE – Câmara de Comercialização de Energia Elétrica (Electric Power Chamber of Trade). The BRIX Index closed november at R$ 24,08 per MWh with a drop in the last day of 2,82% and an appreciation in the month of 56,47%. The maximum value reached in the month was of R$ 24,78 per MWh on November 29th and the minimum of R$ 15,08 per MWh on November 3rd. The average monthly PLD published by CCEE for the Southeast/Center-West submarket that in October was R$ 37,14, rose to R$ 45,55 per MWh to date. “We have already considered the recalculation released by CCEE in the value of the weekly PLD on November 29th. This way, the appreciation of the average monthly PLD in the period was 22,64%”, explains Marcelo Mello BRIX’s CEO. More details in the graph below: Gráfico Energia Convencional Spot PLD médio mensal (1) 28-jul a 30-nov Preço Energia Spot (1+2) Índice BRIX (2) PLD médio provisório (1) 80,00 Contrato Julho/2011 Contrato Nov 11 Contrato Outubro/2011 Contrato Setembro/2011 Contrato Agosto/2011 70,00 60,00 50,00 40,00 30,00 20,00 10,00 0,00 28-jul 3-ago 9-ago 15-ago 19-ago 25-ago 31-ago 6-set 13-set 19-set 23-set 29-set 5-out 11-out 18-out 24-out 28-out Gráfico Índice BRIX 4-nov 10-nov 17-nov 23-nov 29-nov 28-jul a 30-nov Série1 30,00 Contrato Julho/2011 25,00 Contrato Setembro/2011 Contrato Agosto/2011 Contrato Outubro/2011 Contrato Nov 11 R$/MWh 20,00 15,00 10,00 5,00 0,00 28-jul 3-ago 9-ago 15-ago 19-ago 25-ago 31-ago 6-set 13-set 19-set 23-set 29-set 5-out 11-out 18-out 24-out 28-out 4-nov 10-nov 17-nov 23-nov 29-nov About BRIX BRIX is an innovative power trading platform that has as partners the Intercontinental Exchange Group (ICE) – which operates the largest energy exchanges in the world -, Eike Batista, Josué Gomes da Silva, Marcelo Parodi and Roberto Teixeira da Costa. www.brix.com.br Information to the press: November/2011 In Press Porter Novelli Assessoria de Comunicação Aline Brandi – 55 11 3323-1604 [email protected] Larissa Del Rey – 55 11 3323-1551 [email protected] Sandro Pontes – 55 11 3323-1571 [email protected] www.inpresspni.com.br