Insight

Beyond costs: How operational flexibility would reshape the 2026 Brazil’s reserve capacity auction

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Brazil's capacity reserve auction has generated significant anticipation among thermal and hydroelectric developers, representing one of the most promising business opportunities in recent years. This insight examines the competitive positioning of existing thermal power plants under the proposed rules outlined in public consultation 194/2025, noting that this represents a preliminary rather than final version of the competition framework.

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    Beyond Costs How Operational Flexibility Would Reshape The 2026 Brazil LRCAP.pdf

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