The third edition of the N5X Summit is officially scheduled: September 17, 2026, in São Paulo.

Over two years, the event has gathered the institutional weight of regulators, global banks, power generators, energy trading companies, and large consumers. These include major players such as ABRACEEL, ANEEL, Axia, B3, Central Bank of Brazil, BNP Paribas, Bradesco, Casa dos Ventos, CCEE, CVM, EEX Group, Elera, Hydro, Santander, Shell, Statkraft, and XP.

This year, the debate advances to the day-to-day functioning of clearing within the free energy market. Panel discussions will focus on topics such as the evolution of market design with a central counterparty (CCP), its impacts on price formation and liquidity, alongside global benchmarks from the EEX Group.

Stay tuned, all confirmed panelists will be announced here soon!

👉 Spots for the N5X Summit 2026 are limited! Register now and join us in building the future of energy trading in Brazil.

Check out the full schedule for this edition below:

N5X Summit 2026

📅 Date: September 17, 2026, starting at 9:00 AM
📍 Location: Villa Vérico (R. Santa Justina, 329 - Vila Olímpia, São Paulo - SP)

Morning schedule

9:00 AM – Check-in and welcome coffee

9:50 AM – [Talk] Opening of the event 

N5X Co-CEOs, Camila Pantera and Guilherme Netto, will welcome attendees and present the main topics of the day. This will be a moment to greet guests, share the goals of the N5X Summit, and highlight the importance of the discussions taking place throughout the event.

10:00 AM – [Roundtable] Liquidity, Security, and Market Evolution: The Role of Institutions in the New Sector Design

A discussion focused on the main structural challenges of the energy market in Brazil, bringing different perspectives on ongoing initiatives and foundational projects.

• On the agenda: The impact of regulatory predictability and legal uncertainty on market participant confidence, the role of institutions in building a robust environment, and pathways to increase liquidity and attract new players.

11:00 AM – [Interview] International Case Study: Japan's Experience in Implementing a Cleared Market 

An interview dedicated to sharing Japan's experience in its transition to a trading model with a central counterparty.

• On the agenda: The context of the Japanese market prior to clearing, initial market resistance, the impact on price formation and the entry of new investors, and key lessons applicable to the Brazilian context.

12:00 PM – Morning session closing and lunch (12:05 PM)

Afternoon schedule

1:40 PM – [Roundtable] Price Formation and Liquidity in the Energy Market: Practical Challenges and Paths for Evolution 

An in-depth debate on the practical impacts of structural challenges on price formation and liquidity.

• On the agenda: The differences between bilateral and organized trading environments, the effects of low predictability on trading strategies, and the experience of the Nordic countries.

2:30 PM – [Roundtable] Clearing Members: Connecting the Energy Market to Global Financial Capital 

A panel to discuss the role of clearing members in enabling markets with a central counterparty, bridging the gap between the energy market and the broader financial system.

• On the agenda: How banks evaluate opportunities in the Brazilian energy market, the necessary conditions for operating, and what a participant needs to trade in a cleared environment.

3:30 PM – Coffee break

4:15 PM – [Roundtable] Default, Collateral, and Systemic Protection: How Clearing Transforms Risk Management 

A discussion on how introducing a central counterparty model can transform the dynamics of risk, liquidity, and stability in the energy market.

• On the agenda: The limitations of the bilateral model in facing defaults, CCP actions during default scenarios, and real-world international case studies of crisis events.

5:15 PM – [Talk] Next Steps in Consolidating Clearing in Brazil 

In the closing session, N5X Co-CEOs will present the regulatory milestones achieved and the market readiness plan for launching clearing operations.

5:30 PM – Happy Hour and Networking

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👉 Click here to register for the N5X Summit 2026!