What's happening? What's make sense now?

1. Energy & the Brazilian
NewGovernment: what
changes?
Rafael Herzberg, partner at Interact Ltda Energy Consulting

2. Agenda
 What’s changing (new Government)?
 How these changes will affect business?
 What are the options?
 What are the risks at stake?
 How to go for well informed decisions?

3. Boundary
conditions
 Old, complex and costly regulations
 State controlled energy companies bankrupt
 Energy prices well above int’l levels

4. What
to
expect?
Brazil
 Budget
 Inflation
 GPD
 Corruption
 Governance
Client
 Horizon
 Risks perception
 Preferences
 Risk mitigation
 Other countries

5. Technical
solutions
 Low cost or no cost
 To the fence projects
 Inside the fence projects
 Energy contracting

6. Financial
solutions
 Own capital or from 3rd parties
 Structured contractual arrangements
 Portfolio management

7. Management
solutions
 Per energy source (power, gas, biomass,etc.)
 Per all the energy sources
 Contracts to lock future prices
 Info + analysis ref energy markets

8. INTERACT
consulting
Upper
Management
Lower
Management
Operations
floor
Strategic plan
Operation plan
Timelines

9. Let’s talk!
Skype rafael.herzberg
Celular 11 99986 5563
E-mail rafael@interact-energia.com.br
Twitter @RafaelHerzberg
FB /interactenergia