Guilerme's questions to Companhia Paranaense de Energia (ELP) leadership • Q2 2024
Question
Guilerme from Santander asked for an update on COPEL's energy commercialization strategy, focusing on the expected evolution of contracting levels and the price outlook for the second half of the year.
Answer
Executive Rodolfo Lima explained that the company's strategy is to leverage market volatility, noting they increased contracting in June as long-term prices recovered. He confirmed that energy for 2024 and 2025 is almost fully sold, with the focus now shifting to longer-term contracts for 2026 and beyond. Executive Daniel Slaviero added that long-term energy prices are already showing improvement, trading above 170-175 BRL/MWh, and he believes the market will increasingly value the stability provided by hydropower.