Uma análise dos clubes de convergência do setor elétrico brasileiro

Abstract

The Brazilian energy market has undergone recent changes in its operation, changes that can make the power supply deficit in the market, reducing growth prospects. Based on this, from the procedure developed by Phillips and Sul (2007) test log t, tests the hypothesis that there is convergence of per capita demand, per capita supply and the per capita balance (between supply and demand) of the Brazilian markets. The period of analysis is from January 2000 to November 2015. The formation of convergence clubs on Brazilian energy markets from a regional analysis considering the North, Northeast, South and Southeast Midwest is motivated to contribute so that the energy sector of the supply crisis does not extend. The use of the methodology above referred allowed to find the formation of a convergence club in per capita supply of South, Midwest and Southeast markets, as well as a convergence club in per capita demand involving all regional markets in the country, plus a club convergence to per capita equilibrium involving Southeast, Midwest and Northern markets.