Brazil’s free energy market has attracted the interest of foreign companies from other sectors, most notably the finance industry, according to reports.


New investment seems sure to occur, either in buying up existing energy-sales operations or in setting up new players.


The current size of the free market could easily double, according to analysts.


Empresa de Pesquisa Energetica has said that last year a total of 115,300 GWh were negotiated on the free market in Brazil, a sum that represents to 24.8 per cent of the entire Brazilian energy market. 


There are still 14,000 consumers legally empowered to migrate to the free market who have yet to do so.

Image credit: Chensiyuan/Wikimedia Commons