Fiesp and CNI challenge R$ 515 billion energy auction at TCU

Fiesp and CNI requested to join as amicus curiae in a TCU case over the energy auction that contracted R$ 515 billion. The entities oppose the bidding due to rising costs, low discounts and prioritization of polluting sources.

Fiesp and CNI asked to join as interested parties in the TCU process on the government energy megauction. They cite issues such as a review that doubled the cost in three days, a low discount of about 5% and contracts for gas and coal thermal plants.

CNI estimates the contracts could generate costs up to R$ 800 billion and calls for suspension of adjudication and homologation steps. Fiesp stated that power reserve contracting is essential but requires transparency, affordable tariffs and broad competition.

Aneel removed the homologation from its agenda, originally set for next Tuesday. Director Fernando Mosna recommended waiting for a judicial decision. The March auction contracted 19 GW of capacity for 15 years, with at least a 10% impact on electricity bills.

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Illustration depicting Enel executive challenging Aneel regulator over São Paulo power concession dispute.
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Enel contests Aneel and seeks reconsideration in São Paulo concession process

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Power distributor Enel sent a letter to Aneel challenging the caducidade process for its São Paulo concession. The company requests suspension of the decision's effects pending appeal review and claims discriminatory treatment. Aneel did not respond to comment requests.

The TCU technical area recommended partial suspension of the homologation of a major energy auction that contracted R$ 515 billion in reserves for thermoelectric and hydroelectric plants.

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TCU subprosecutor-general Lucas Rocha Furtado requested on Wednesday the suspension of the results from Brazil's largest energy auction of 2026, held on March 18. The request raises concerns over companies like Evolution Power Partners and process irregularities. The court is now reviewing the precautionary measure.

Spain's CNMC announced on Friday 35 new sanction proceedings amid the probe into the April 28, 2025 blackout, though these concern different days or periods. Iberdrola faces 18, Endesa 13, and Almaraz nuclear plant one very serious infraction. The regulator states these facts do not attribute the blackout's cause, which was multifactorial.

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The Superintendencia de Servicios Públicos Domiciliarios fined Enel Colombia $2.847 million for submitting elevated price offers in the Wholesale Energy Market that did not reflect its variable costs. This action sidelined the Betania plant from economic dispatch and caused an artificial rise in prices. President Gustavo Petro linked the issue to March inflation and demanded Enel refund the overcharge to users.

The Brazilian government announced on Monday (6) extra subsidies for diesel and cooking gas, plus zeroing PIS/Cofins on biodiesel and aviation kerosene. The measures aim to curb the war in Iran's impact on fuel prices. The total estimated cost is R$ 31 billion, offset by an oil export tax.

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After the final stage of the official tender was completed, agricultural and industrial entities praised the transparency of the process for the new waterway contract.

 

 

 

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