Tcu technicians seek partial suspension of energy auction

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.

The opinion, signed on Friday (15), questions the contracting of thermoelectric plants fueled by coal and gas. Technicians warn of extraordinary profits for winning companies and the risk of high costs for consumers.

The auction, held in March, contracted 19 GW of capacity for 15 years. The price ceiling nearly doubled in three days, and the discount stood at about 5%. The modeling prioritized fossil sources over renewable batteries.

The Ministry of Mines and Energy stated that the tender followed all legal precepts. The case now moves to the TCU plenary, while federal court actions seek annulment of the result.

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Colombian Energy Minister Edwin Palma announces Air-e financial crisis measures and El Niño preparations at a press conference.
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Energy Minister Palma advances Air-e crisis measures amid El Niño threat

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Colombia’s Mines and Energy Minister Edwin Palma defended his handling of the Air-e financial crisis—ongoing since early 2026 with $1.6 trillion in debts—and announced key steps: a targeted $8/kWh surcharge on high-income users, a Creg proposal for more energy contracting ahead of El Niño, and calls for structural reforms in the Caribbean region's electricity sector.

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.

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The Energy Regulatory Commission has suspended collection of the green energy auction allowance for two months to ease pressure on electricity bills nationwide. The suspension covers the rate of P0.0371 per kilowatt-hour for May and June bills.

The Second Environmental Tribunal clarified on Thursday its May 14 ruling that partially annulled the environmental qualification resolution for the project of Compañía Minera Doña Inés de Collahuasi.

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The federal cabinet approved the power plant law in mid-May. Two recent studies however point to problems with using gas power plants as backup.

CDU, CSU and SPD have agreed on support for reserve capacities. This clears the path for a Bundestag vote next week.

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