POWER February 2012 - 68

POWER IN BRAZIL
" We are the third-biggest trading company in
the renewable energy market and the seventh
biggest of all trading companies. "
Capitale Energia was founded by two young
traders, Rafael Villano Mathias and Daniel Augusto
Rossi, and has experienced significant
growth since its inception roughly two years
ago. " In 2010, our revenue reached 70 million
reais, " said Augusto Rossi. " This year we expect
that we could sell 200 million reais, equivalent
to 300 MWh, an important growth compared to
the preceding year, " added Villano Mathias.
Capitale Energia's long-term plan includes
a focus on a diversified business
platform. " The principal objective will be
trading, " said Augusto Rossi. " We would
also hope to participate in some generation
projects, perhaps through a partnership. In
the future we plan to go beyond energy
trading, expanding to other commodities
like ethanol, sugar, and natural gas.
The energy and the natural gas market are
linked, and we are structuring our capital
to capture this opportunity. "
Often, independent power traders begin
electricity generation in order to help guarantee
supply for their customers. Safira
Energia, a trading company that has been
involved in the market since 2008, recently
invested in wind generation. " The trading
company remains at the forefront, but we
are trying to open our minds and expand
our portfolio with the generation and asset
projects, " explained Mikio Kawai, CEO of
Safira.
Companies involved in energy trading
usually offer other services, such as consulting
or asset management. Eduardo Prado,
CEO of Diferencial Energia, which also
develops thermal power plants and other
energy generation projects, explained the
mutually beneficial relationship between
the two core businesses: " The trading side
is very important for project development;
when you are too involved in the development
aspect, you tend to assume that the
market has to come to your price structure
and technologies. The advantage that the
trading brings to our projects in development
is that we understand the importance
of having a well-structured project so that
it can find its market. We use a lot of the
insights gained in trading to structure the
projects, and not many companies are able
to do that. It is a good mix for the company,
even though it is two different mindsets. "
The success of many new traders can be
attributed to internal policies. According to
Evaristo of Bolt Energias, well-defined internal
management strategies are essential
when trading a volatile commodity such as
energy. " The company has imposed upon
ourselves a strict risk protocol that estab68
www.powermag.com
POWER
| February 2012

http://www.powermag.com

POWER February 2012

Table of Contents for the Digital Edition of POWER February 2012

Contents
POWER February 2012 - Cover1
POWER February 2012 - Cover2
POWER February 2012 - Contents
POWER February 2012 - 2
POWER February 2012 - 3
POWER February 2012 - 4
POWER February 2012 - 5
POWER February 2012 - 6
POWER February 2012 - 7
POWER February 2012 - 8
POWER February 2012 - 9
POWER February 2012 - 10
POWER February 2012 - 11
POWER February 2012 - 12
POWER February 2012 - 13
POWER February 2012 - 14
POWER February 2012 - 15
POWER February 2012 - 16
POWER February 2012 - 17
POWER February 2012 - 18
POWER February 2012 - 19
POWER February 2012 - 20
POWER February 2012 - 21
POWER February 2012 - 22
POWER February 2012 - 23
POWER February 2012 - 24
POWER February 2012 - 25
POWER February 2012 - 26
POWER February 2012 - 27
POWER February 2012 - 28
POWER February 2012 - 29
POWER February 2012 - 30
POWER February 2012 - 31
POWER February 2012 - 32
POWER February 2012 - 33
POWER February 2012 - 34
POWER February 2012 - 35
POWER February 2012 - 36
POWER February 2012 - 37
POWER February 2012 - 38
POWER February 2012 - 39
POWER February 2012 - 40
POWER February 2012 - 41
POWER February 2012 - 42
POWER February 2012 - 43
POWER February 2012 - 44
POWER February 2012 - 45
POWER February 2012 - 46
POWER February 2012 - 47
POWER February 2012 - 48
POWER February 2012 - 49
POWER February 2012 - 50
POWER February 2012 - 51
POWER February 2012 - 52
POWER February 2012 - 53
POWER February 2012 - 54
POWER February 2012 - 55
POWER February 2012 - 56
POWER February 2012 - 57
POWER February 2012 - 58
POWER February 2012 - 59
POWER February 2012 - 60
POWER February 2012 - 61
POWER February 2012 - 62
POWER February 2012 - 63
POWER February 2012 - 64
POWER February 2012 - 65
POWER February 2012 - 66
POWER February 2012 - 67
POWER February 2012 - 68
POWER February 2012 - 69
POWER February 2012 - 70
POWER February 2012 - 71
POWER February 2012 - 72
POWER February 2012 - 73
POWER February 2012 - 74
POWER February 2012 - 75
POWER February 2012 - 76
POWER February 2012 - 77
POWER February 2012 - 78
POWER February 2012 - 79
POWER February 2012 - 80
POWER February 2012 - 81
POWER February 2012 - 82
POWER February 2012 - 83
POWER February 2012 - 84
POWER February 2012 - 85
POWER February 2012 - 86
POWER February 2012 - 87
POWER February 2012 - 88
POWER February 2012 - Cover3
POWER February 2012 - Cover4
https://www.nxtbook.com/accessintelligence/POWER/pwr_may-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_april-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_march-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_february-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_january-2024
https://www.nxtbook.com/accessintelligence/POWER/pwr_december-2023
https://www.nxtbook.com/accessintelligence/POWER/pwr_november-2023
https://www.nxtbook.com/accessintelligence/POWER/power-october-2023
https://www.nxtbook.com/accessintelligence/POWER/re-tech-supp-to-power-september-2023
https://www.nxtbook.com/accessintelligence/POWER/power-september-2023
https://www.nxtbook.com/accessintelligence/POWER/power-and-re-tech-supp-september-2023
https://www.nxtbook.com/accessintelligence/POWER/power-august-2023
https://www.nxtbook.com/accessintelligence/POWER/power-july-2023
https://www.nxtbook.com/accessintelligence/POWER/power-june-2023
https://www.nxtbook.com/accessintelligence/POWER/power-may-2023
https://www.nxtbook.com/accessintelligence/POWER/power-april-2023
https://www.nxtbook.com/accessintelligence/POWER/power-march-2023
https://www.nxtbook.com/accessintelligence/POWER/power-february-2023
https://www.nxtbook.com/accessintelligence/POWER/power-january-2023
https://www.nxtbook.com/accessintelligence/POWER/power-december-2022
https://www.nxtbook.com/accessintelligence/POWER/power-november-2022
https://www.nxtbook.com/accessintelligence/POWER/Power-October-2022-140th-Anniversary-Supp
https://www.nxtbook.com/accessintelligence/POWER/Power-October-2022-and-Anniversary-Supp
https://www.nxtbook.com/accessintelligence/POWER/power-and-re-tech-supp-september-2022
https://www.nxtbook.com/accessintelligence/POWER/power-september-2022
https://www.nxtbook.com/accessintelligence/POWER/power-august-2022
https://www.nxtbook.com/accessintelligence/POWER/Power-July-2022-Intl
https://www.nxtbook.com/accessintelligence/POWER/power-july-2022
https://www.nxtbook.com/accessintelligence/POWER/power-june-2022-intl
https://www.nxtbook.com/accessintelligence/POWER/power-june-2022
https://www.nxtbook.com/accessintelligence/POWER/power-may-2022
https://www.nxtbook.com/accessintelligence/POWER/power-may-2022-intl
https://www.nxtbook.com/accessintelligence/POWER/power-april-2022
https://www.nxtbook.com/accessintelligence/POWER/Power-April-2022-Intl
https://www.nxtbook.com/accessintelligence/POWER/power-march-2022
https://www.nxtbook.com/accessintelligence/POWER/power-february-2022
https://www.nxtbook.com/accessintelligence/POWER/power-january-2022
https://www.nxtbook.com/accessintelligence/POWER/power-december-2021
https://www.nxtbook.com/accessintelligence/POWER/power-top-plants-supp-december-2021
https://www.nxtbook.com/accessintelligence/POWER/power-november-2021
https://www.nxtbook.com/accessintelligence/POWER/power-october-2021
https://www.nxtbook.com/accessintelligence/POWER/power-september-2021
https://www.nxtbook.com/accessintelligence/POWER/power-august-2021
https://www.nxtbook.com/accessintelligence/POWER/power-july-2021
https://www.nxtbook.com/accessintelligence/POWER/power-june-2021
https://www.nxtbook.com/accessintelligence/POWER/power-may-2021
https://www.nxtbook.com/accessintelligence/POWER/power-april-2021
https://www.nxtbook.com/accessintelligence/POWER/power-march-2021
https://www.nxtbook.com/accessintelligence/POWER/power-february-2021
https://www.nxtbook.com/accessintelligence/POWER/power-january-2021
https://www.nxtbook.com/accessintelligence/POWER/power-december-2020
https://www.nxtbook.com/accessintelligence/POWER/power-november-2020
https://www.nxtbook.com/accessintelligence/POWER/power-october-2020
https://www.nxtbook.com/accessintelligence/POWER/power-september-2020
https://www.nxtbook.com/accessintelligence/POWER/power-august-2020
https://www.nxtbook.com/accessintelligence/POWER/power-july-2020
https://www.nxtbook.com/accessintelligence/POWER/power-june-2020
https://www.nxtbook.com/accessintelligence/POWER/power-may-2020
https://www.nxtbook.com/accessintelligence/POWER/power-april-2020
https://www.nxtbook.com/accessintelligence/POWER/power-march-2020
https://www.nxtbook.com/accessintelligence/POWER/power-february-2020
https://www.nxtbook.com/accessintelligence/POWER/power-january-2020
https://www.nxtbook.com/accessintelligence/POWER/power-december-2019
https://www.nxtbook.com/accessintelligence/POWER/power-november-2019
https://www.nxtbook.com/accessintelligence/POWER/power-october-2019
https://www.nxtbook.com/accessintelligence/POWER/power-september-2019
https://www.nxtbook.com/accessintelligence/POWER/power-august-2019
https://www.nxtbook.com/accessintelligence/POWER/power-july-2019
https://www.nxtbook.com/accessintelligence/POWER/power-june-2019
https://www.nxtbook.com/accessintelligence/POWER/power-may-2019
https://www.nxtbook.com/accessintelligence/POWER/power-april-2019
https://www.nxtbook.com/accessintelligence/POWER/power-march-2019
https://www.nxtbook.com/accessintelligence/POWER/power-february-2019
https://www.nxtbook.com/accessintelligence/POWER/power-january-2019
https://www.nxtbook.com/accessintelligence/POWER/power-december-2018
https://www.nxtbook.com/accessintelligence/POWER/power-november-2018
https://www.nxtbook.com/accessintelligence/POWER/power-october-2018
https://www.nxtbook.com/accessintelligence/POWER/power-september-2018
https://www.nxtbook.com/accessintelligence/POWER/power-august-2018
https://www.nxtbook.com/accessintelligence/POWER/power-july-2018
https://www.nxtbook.com/accessintelligence/POWER/power-june-2018
https://www.nxtbook.com/accessintelligence/POWER/power-may-2018
https://www.nxtbook.com/accessintelligence/POWER/power-april-2018
https://www.nxtbook.com/accessintelligence/POWER/power-march-2018
https://www.nxtbook.com/accessintelligence/POWER/power-february-2018
https://www.nxtbook.com/accessintelligence/POWER/power-january-2018
https://www.nxtbook.com/accessintelligence/POWER/power-december-2017
https://www.nxtbook.com/accessintelligence/POWER/power-november-2017
https://www.nxtbook.com/accessintelligence/POWER/power-october-2017
https://www.nxtbook.com/accessintelligence/POWER/power-september-2017
https://www.nxtbook.com/accessintelligence/POWER/power-august-2017
https://www.nxtbook.com/accessintelligence/POWER/power-july-2017
https://www.nxtbook.com/accessintelligence/POWER/power-june-2017
https://www.nxtbook.com/accessintelligence/POWER/power-may-2017
https://www.nxtbook.com/accessintelligence/POWER/power-april-2017
https://www.nxtbook.com/accessintelligence/POWER/power-march-2017
https://www.nxtbook.com/accessintelligence/POWER/power-february-2017
https://www.nxtbook.com/accessintelligence/POWER/power-january-2017
https://www.nxtbook.com/accessintelligence/POWER/power-december-2016
https://www.nxtbook.com/accessintelligence/POWER/power-november-2016
https://www.nxtbook.com/accessintelligence/POWER/power-october-2016
https://www.nxtbook.com/accessintelligence/POWER/power-september-2016
https://www.nxtbook.com/accessintelligence/POWER/power-august-2016
https://www.nxtbook.com/accessintelligence/POWER/power-july-2016
https://www.nxtbook.com/accessintelligence/POWER/power-june-2016
https://www.nxtbook.com/accessintelligence/POWER/power-may-2016
https://www.nxtbook.com/accessintelligence/POWER/power-april-2016
https://www.nxtbook.com/accessintelligence/POWER/power-march-2016
https://www.nxtbook.com/accessintelligence/POWER/power-february-2016
https://www.nxtbook.com/accessintelligence/POWER/power-january-2016
https://www.nxtbook.com/accessintelligence/POWER/power-december-2015
https://www.nxtbook.com/accessintelligence/POWER/power-november-2015
https://www.nxtbook.com/accessintelligence/POWER/power-october-2015
https://www.nxtbook.com/accessintelligence/POWER/power-september-2015
https://www.nxtbook.com/accessintelligence/POWER/power-august-2015
https://www.nxtbook.com/accessintelligence/POWER/power-july-2015
https://www.nxtbook.com/accessintelligence/POWER/power-june-2015
https://www.nxtbook.com/accessintelligence/POWER/power-may-2015
https://www.nxtbook.com/accessintelligence/POWER/power-april-2015
https://www.nxtbook.com/accessintelligence/POWER/power-march-2015
https://www.nxtbook.com/accessintelligence/POWER/power-february-2015
https://www.nxtbook.com/accessintelligence/POWER/power-january-2015
https://www.nxtbook.com/accessintelligence/POWER/power-december-2014
https://www.nxtbook.com/accessintelligence/POWER/power-november-2014
https://www.nxtbook.com/accessintelligence/POWER/power-october-2014
https://www.nxtbook.com/accessintelligence/POWER/power-september-2014
https://www.nxtbook.com/accessintelligence/POWER/power-august-2014
https://www.nxtbook.com/accessintelligence/POWER/power-july-2014
https://www.nxtbook.com/accessintelligence/POWER/power-june-2014
https://www.nxtbook.com/accessintelligence/POWER/power-may-2014
https://www.nxtbook.com/accessintelligence/POWER/power-april-2014
https://www.nxtbook.com/accessintelligence/POWER/power-march-2014
https://www.nxtbook.com/accessintelligence/POWER/power-february-2014
https://www.nxtbook.com/accessintelligence/POWER/power-january-2014
https://www.nxtbook.com/accessintelligence/POWER/power-december-2013
https://www.nxtbook.com/accessintelligence/POWER/power-november-2013
https://www.nxtbook.com/accessintelligence/POWER/power-october-2013
https://www.nxtbook.com/accessintelligence/POWER/power-september-2013
https://www.nxtbook.com/accessintelligence/POWER/power-august-2013
https://www.nxtbook.com/accessintelligence/POWER/power-july-2013
https://www.nxtbook.com/accessintelligence/POWER/power-june-2013
https://www.nxtbook.com/accessintelligence/POWER/power-may-2013
https://www.nxtbook.com/accessintelligence/POWER/power-april-2013
https://www.nxtbook.com/accessintelligence/POWER/power-march-2013
https://www.nxtbook.com/accessintelligence/POWER/power-february-2013
https://www.nxtbook.com/accessintelligence/POWER/power-january-2013
https://www.nxtbook.com/accessintelligence/POWER/power-december-2012
https://www.nxtbook.com/accessintelligence/POWER/power-november-2012
https://www.nxtbook.com/accessintelligence/POWER/power-october-2012
https://www.nxtbook.com/accessintelligence/POWER/power-september-2012
https://www.nxtbook.com/accessintelligence/POWER/power-august-2012
https://www.nxtbook.com/accessintelligence/POWER/power-july-2012
https://www.nxtbook.com/accessintelligence/POWER/power-june-2012
https://www.nxtbook.com/accessintelligence/POWER/power-may-2012
https://www.nxtbook.com/accessintelligence/POWER/power-april-2012
https://www.nxtbook.com/accessintelligence/POWER/power-march-2012
https://www.nxtbook.com/accessintelligence/POWER/power-february-2012
https://www.nxtbook.com/accessintelligence/POWER/power-january-2012
https://www.nxtbook.com/accessintelligence/POWER/power-november-2011
https://www.nxtbook.com/accessintelligence/POWER/power-october-2011
https://www.nxtbook.com/accessintelligence/POWER/power-september-2011
https://www.nxtbook.com/accessintelligence/POWER/power-august-2011
https://www.nxtbook.com/accessintelligence/POWER/power-july-2011
https://www.nxtbook.com/accessintelligence/POWER/power-june-2011
https://www.nxtbook.com/accessintelligence/POWER/power-may-2011
https://www.nxtbook.com/accessintelligence/POWER/power-april-2011
https://www.nxtbook.com/accessintelligence/POWER/power-march-2011
https://www.nxtbook.com/accessintelligence/POWER/power-february-2011
https://www.nxtbook.com/accessintelligence/POWER/power-january-2011
https://www.nxtbook.com/accessintelligence/POWER/power-december-2010
https://www.nxtbook.com/accessintelligence/POWER/power-november-2010
https://www.nxtbook.com/accessintelligence/POWER/power-october-2010
https://www.nxtbook.com/accessintelligence/POWER/power-september-2010
https://www.nxtbook.com/accessintelligence/POWER/power-august-2010
https://www.nxtbook.com/accessintelligence/POWER/power-july-2010
https://www.nxtbook.com/accessintelligence/POWER/power-june-2010
https://www.nxtbook.com/accessintelligence/POWER/power-may-2010
https://www.nxtbookmedia.com