Insight
Brazil’s capacity auction debut: Surprises and question marks
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
On 21 December, Brazil’s Chamber of Electric Energy Commercialization (CCEE) held the country’s first capacity auction. After an unsuccessful first phase (energy contracts), the capacity phase awarded 15-year contracts to 17 power plants, totaling 5,126 MW of capacity. The CCEE awarded an average price of R$824,554/MW-year, 15% lower than the cap price. This price level enabled four greenfield projects: three gas/LNG-fired projects totaling 1.9 GW and an 80 MW biomass project. The auction also awarded seven fuel oil/distillate-fired projects, totaling 879 MW, that violated auction rules but could participate based on judicial orders.
Table of contents
- After analyzing the auction results, our main findingsinclude:
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Brazil's 2026 Capacity Auction results overview: 19.5 GW contracted but competition falls flat
Awarded capacity and prices of the Brazil's 2026 Capacity Auction
$3,000
Insight
Why Henry Hub mispricing will shake Brazil's 2026 power capacity auction
Competitiveness framework and market dynamics analysis of the Brazil's 2026 power capacity auction
$950
Insight
Brazil's 2026 power capacity auction in brief
Rolling coverage of Brazil's 2026 power capacity auction events as they happen
$950
