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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Dramatic illustration of Aneel initiating caducity process against Enel amid São Paulo blackouts from storms.
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Aneel opens caducity process against Enel in São Paulo

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Brazil's National Electric Energy Agency (Aneel) decided on Tuesday (7) to open an administrative process to terminate the concession contract of distributor Enel in the São Paulo metropolitan region. The company has 30 days to defend itself before the agency issues an opinion to the Ministry of Mines and Energy, which has the final say. The action follows repeated blackouts caused by storms since late 2023.

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.

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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.

Cuban officials outlined on Mesa Redonda measures to counter the intensified U.S. energy blockade, which has blocked fuel shipments for over three months. First Deputy Minister of Energy and Mines Argelio Jesús Abad Vigoa stated that over 1,400 MW of installed capacity remains idle due to lack of crude oil. Progress includes domestic production, renewables, and restorations to stabilize the grid.

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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.

José Antonio Kast's government issued decrees tweaking the Mepco, allowing historic gasoline and diesel price hikes starting March 26. The move addresses surging oil prices from the Iran war and fiscal tightness, with relief for paraffin and transporters. Congress approved the bill after negotiations exempting SMEs from higher taxes.

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President Gustavo Petro defended Colombia's transition to clean energies, stating that oil exploration contracts from the last decade have not found large amounts of oil. He insisted on lowering the real interest rate to boost the economy. He highlighted advances like investments in solar substations and potential exports.

 

 

 

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