![Brazil Brazil](https://cdn-www.bnamericas.com/img/flags/BRAZIL.jpg)
Urca Trading announces entry into the retailer Free Energy Market
By Urca Trading
August 22, 2023
This is a machine translation of the original press release issued in Portuguese.
Urca Trading, an associate of the Urca Energia Group, announced the entry into the retail modality of the Free Contracting Environment (ACL) or Free Energy Market, which will be opened from January 2024 to all medium and high voltage consumers. With an investment of R$ 5 million and operations throughout the national territory, the company's target is small industries and retailers. The forecast is to reach around 2,000 customers by the end of 2024.
The Urca Energia Group already operates today in several areas of the clean and renewable energy segment. With the arrival of Urca Trading in the retail modality of Mercado Livre de Energia, the group's objective is to operate in market niches aimed at customers with a monthly bill of at least 10 thousand reais.
“The opening of the Free Energy Market is a major transformation for the Brazilian economy and will make industries and retail more competitive. Urca Trading will offer a simple and bureaucratic solution for those who want to migrate, carrying out the entire process with the Electricity Trading Chamber (CCEE)”, explains the CEO of Urca Trading, Dante Beneveni.
In operations at ACL, Urca Trading will deliver I-Recs, a certificate that tracks and proves the renewable origin of the energy contracted by the client, and a renewable energy seal. Together, the seal and certificate guarantee the origin of the renewable energy consumed and prove the company's GHG emission compensation. The seal is crucial in companies' emission inventories and communication to end customers, who are increasingly concerned about engaging the entire chain in the NetZero journey.
Opening the free market to all companies linked to medium and high voltage is an important step towards democratizing access to electricity in the country. But, in addition to increasing competitiveness, the change can accelerate the journey of Brazilian companies towards the energy transition.
"Urca Trading is focused on promoting the decarbonization of Brazilian companies. In this way, the expansion of renewable sources in the country will be a natural consequence of the opening of the ACL, since more consumers will be able to consume this type of energy, with the need to expand the offer. And that's when our portfolio comes in, to further boost the NetZero journey of our economy", concludes Dante.
Urca Trading
Part of the Urca Energia Group, Urca Trading is an independent trader, accredited by the CCEE and associated with Abraceel (Brazilian Association of Energy Traders). It operates in energy trading in the short, medium and long terms and in the implementation of structured operations backed by energy. Founded in 2018, in the first three years, it sold more than 3,600 GWh, with more than R$1.1 billion in energy contracts and was responsible for one of the largest carbon credit operations in the market, with 2.3 million tons voluntarily canceled in favor of UTE Prosperidade III, the first carbon neutral thermoelectric plant in Brazil.
Urca Energia Group
The Urca Energia Group is a holding company for investments in smart and sustainable energy, formed by the companies Gás Verde, Eva Energia, Urca Trading and Urca Gás, the group operates in the free and regulated energy markets, offering effective environmental solutions to support the Net journey. Zero of Brazilian companies.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Electric Power (Brazil)
![Brazil's Comerc sees growth potential in renewable energy](https://cdn-www.bnamericas.com/img/sectors/electricpower_1.jpg)
Brazil's Comerc sees growth potential in renewable energy
BNamericas spoke with the renewable energy generation VP at the Vibra Energia subsidiary, Eduardo Soares.
![Brazilian biofuel producers offer to raise supply amid northern drought](https://cdn-www.bnamericas.com/img/sectors/electricpower_2.jpg)
Brazilian biofuel producers offer to raise supply amid northern drought
Mostly covered by the Amazon forest, the region relies heavily on diesel-fired generators.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Electric Power (Brazil)
Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Arinos 5 photovoltaic park (Arinos Complex)
- Current stage:
- Updated:
3 days ago
- Project: Arinos 4 photovoltaic park (Arinos complex)
- Current stage:
- Updated:
3 days ago
- Project: Arinos 3 photovoltaic park (Arinos complex)
- Current stage:
- Updated:
3 days ago
- Project: Arinos 2 photovoltaic park (Arinos Complex)
- Current stage:
- Updated:
3 days ago
- Project: Lins 08
- Current stage:
- Updated:
4 days ago
- Project: Lins 07
- Current stage:
- Updated:
4 days ago
- Project: Lins 06
- Current stage:
- Updated:
4 days ago
- Project: Lins 04
- Current stage:
- Updated:
4 days ago
- Project: Lins 03
- Current stage:
- Updated:
4 days ago
- Project: Lins 05
- Current stage:
- Updated:
4 days ago
Other companies in: Electric Power (Brazil)
Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Companhia Hidrelétrica do São Francisco S.A.  (Chesf)
-
State-run utility Companhia Hidrelétrica do São Francisco S.A. (Chesf), a subsidiary of Brazil's state power holding Electrobras, is engaged in the generation and transmission o...
- Company: Interalli Administração e Participações S.A.  (Grupo Interalli)
-
Founded in 2001, Grupo Interalli is a Brazilian company operating in the port infrastructure sector, including grains and liquid cargo, logistics, renewable energy, automobiles,...
- Company: Eólica Santo Agostinho 26 S.A.
-
The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
- Company: Voltalia Energia do Brasil Ltda.  (Voltalia do Brasil)
-
Voltalia Energia do Brasil Ltda. (Voltalia do Brasil) was established in 2006 by French renewable energy developer Voltalia to act as the group's country subholding company for ...
- Company: Solatio Energy Gestão de Projetos Solares Ltda.  (Solatio Energy Gestão de Projetos Solares)
-
Solatio Gestão de Projetos Solares, a Brazilian firm with Spanish ties, has been operating in Brazil since 2009 and is among the largest Brazilian investors in solar energy, hav...