Brazilian Congress: 2026 begins in the Mines and Energy Committee
Throughout 2026, the Mines and Energy Committee (CME) will be chaired by Representative Joaquim Passarinho (PL-PA), following an agreement between party leaders.
The presiding board will also include Representatives Luiz Gastão (PSD-CE), General Pazuello (PL-RJ), and Colonel Chrisóstomo (PL-RO). These changes in the committee’s presidency reflect a shift in its composition, with the majority now composed of the opposition.
Find out more:
Brazilian Congress: REDATA lapses despite approval in the House of Representatives
Provisional Measure (“MPv”) No. 1,318/2025 lapsed on February 25 after the Brazilian Congress failed to pass Bill No. 278/2026 in time. The bill was set to replace the provisional measure and establish the Special Tax Regime for Datacenter Services (“REDATA”).
Despite its symbolic approval by Brazil’s House of Representatives on January 24, the Federal Senate failed to vote on the bill, which terminated the regime created to foster the development of data centers in Brazil. According to the Minister of Finance, Fernando Haddad, the Federal Government is studying legal alternatives to reissue REDATA later this year.
Find out more:
Federal Government: 2026 Electric Power Strategic Agenda launched
On February 11, the Electric Power Sector Monitoring Committee (“CMSE”) approved the 2026 Electric Power Strategic Agenda.
According to the Ministry of Mines and Energy (“MME”), the initiative seeks to identify and address potential risks in advance, improve coordination among sectoral bodies, strengthen system security, and steer strategic decision‑making.
The agenda defines a set of actions organized by quarter and into three distinct groups:
- meeting peak demand and ramping requirements;
- serving minimum load; and
- ensuring power system security and reliability.
Among the various initiatives on the agenda are Capacity Reserve Auctions in the Form of Power (“LRCAPs 2026”) – including battery auctions –, flexible supply from thermoelectric plants (“UTEs”), demand response, regional power exchange, and daylight-saving time.
Find out more:
Federal Government: Brazil initiates Regulated Carbon Market platform development
The Federal Government has initiated development of the central registry for the Brazilian Emissions Trading System (“SBCE”).
The aim is for the registry to serve as a strategic computing infrastructure to operationalize the Regulated Carbon Market (“MRC”), structured under the SBCE, established by Law No. 15,042/2024.
Find out more:
MME: Appointment of a new executive secretary
In early February, the MME announced the departure of then‑Executive Secretary, Arthur Valério. After serving at the Federal Attorney General’s Office (AGU), Valério served as the MME’s legal advisor between March 2023 and January 2024, and took office as executive secretary in January 2024.
His resignation was expected following indications to that effect as early as 2025. In his place, Gustavo Ataide was appointed – a career MME official who had served since June 2025 as National Secretary for Energy Transition and Planning.
Find out more:
MME: Ministry updates CGIEE Agenda for the 2026–2028 triennium
O MME publicou no dia 18 de fevereiro a atualização da Agenda Regulatória do Comitê Gestor de Indicadores e Níveis de Eficiência Energética (“CGIEE”), para o triênio de 2026 a 2028.
O documento prevê para os próximos anos ações de normatização, revisão e aprimoramento técnico e regulatório de equipamentos e edificações quanto a sua eficiência energética.
Saiba mais:
MME: ministério abre consultas públicas para discutir PDE 2035 e PNE 2055
On February 18, the MME published the updated Regulatory Agenda of the Management Committee for Energy Efficiency Indicators and Levels (“CGIEE”) for the 2026–2028 triennium.
The document provides for actions in the coming years to standardize, review, and improve the technical and regulatory aspects of equipment and buildings in terms of energy efficiency.
Find out more:
MME: Ministry opens public consultations to discuss PDE 2035 and PNE 2055
On February 12, the MME opened two public consultations to discuss the Ten‑Year Energy Expansion Plan (“PDE”) 2035 and the National Energy Plan (“PNE”) 2055.
In the words of the MME, these are “two of the main planning instruments for the Brazilian energy sector.” The documents were drafted by the EPE and represent, respectively, a ten-year indicative horizon and a thirty-year strategic horizon. Contributions can be submitted by March 14. Find out more:
AUCTIONS
LRCAP 2026: ANEEL approves 2nd and 3rd LRCAP public notices and reviews price caps after publication
In February, Brazil’s National Electricity Regulatory Agency (“ANEEL”) published the notices for the second and third Capacity Reserve Auctions (“LRCAP”), to be held in 2026.
The first versions of the notices were approved on February 10 during ANEEL’s Ordinary Public Meeting (“RPO”). After the MME updated the pricing assumptions for the auctions’ ceiling prices, ANEEL approved new prices in an extraordinary meeting.
The price increase was a response to negative market reaction, with agents indicating the original terms were not operationally viable. Also in February, the Energy Research Company (“EPE”), the National Electric System Operator (“ONS”), and ANEEL released a technical note detailing the remaining capacity of the National Interconnected System (“SIN”) to evacuate generation from the auctions.
Find out more:
Transmission Auction 1/2026: Notice approved
ANEEL’s board of directors has approved the notice for Transmission Auction 1/2026. Organized into 9 lots and totaling 859 kilometers of new transmission lines, the auction contemplates investments exceeding BRL 5 billion across 12 states, covering all regions of Brazil.
Find out more:
Transmission Auction 4/2025: Concession contracts signed
On February 23, the concession contracts for Transmission Auction 4/2025 were executed at ANEEL, in a ceremony attended by the MME.
Find out more:
ONS: system operator receives and, under PNAST rules, reviews access requests that had been pending at the MME
The ONSreported that, of the 94 grid‑access proceedings that had been pending before the MME, 39 were formalized before the ONS under the terms set by the National Policy for Access to Transmission Systems (“PNAST”).
Established by Decree No. 12,772/2025, the policy reorganized access to the transmission system through “Access Seasons.” Prior to the first season, however, the ONS will assess access requests received before publication. The requests received from the MME concerned consumer requests for access to the basic grid, especially data centers.
Find out more:
ONS and CCEE: opening of external consultations to discuss risk aversion, CVar, and VMinOp
The Technical Committee for the Monthly Operation Program (“PMO”) and for the calculation of the Difference Settlement Price (“PLD”) opened two external consultations to receive contributions for improving Newave and Decomp.
Coordinated by the ONS and the Electric Energy Trading Chamber (“CCEE”), the committee intends to evaluate and discuss, through these consultations, components of computational models such as risk‑aversion mechanisms, Conditional Value‑at‑Risk (“CVaR”), and Minimum Operating Volume (“VMinOp”).
Find out more:
DEMAREST IN THE MEDIA
Auction of small hydroelectric plants postponed; now expected to take place only in the second half of 2026 – Henrique Reis
Following the sector reform in 2025, Law No. 15,259/2025 provided for the procurement, via auction, of up to 3,000 megawatts (“MW”) in Small Hydroelectric Power Plants (“SHPs”) by March 2026. The MME, however, has already assessed that it will not meet the schedule set by law, and that the auction will potentially take place only in the second half of 2026. In a news report by Valor Econômico, our partner, Henrique Reis, commented that the auction adds assured energy to the system and can be delivered either through capacity reserve auction or as an energy auction.
Find out more:
Agents predict risk of revenue loss with reduced thermal inflexibility – Livia Correia and Henrique Reis
Following ANEEL’s letter to the ONS requesting a technical review on the possibility of reassessing thermal power plants’ flexibility parameters, representatives of the thermal generation sector expressed concern about the potential financial impacts from a reduction in plant inflexibility, based on MME Normative Ordinance No. 115/2025. Our partner, Henrique Reis, and our associate, Livia Correia, suggested solutions to mitigate the negative effects and to define, by default, flexibility parameters in tender notices, thereby prompting discussions on the potential review of the parameters by the ONS.
Find out more:
Data Centers: Capital for the digital revolution is already transformative, but hurdles remain – Rosi Barros
In a Circle News article, our partner Rosi Barros discussed Brazil’s positioning in the data center space and how certain features make the country attractive to the segment. Rosi also analyzed the close relationship between data centers and electricity, as well as the challenges that must be addressed for the segment’s development.
Find out more:
REGULATIONS
ANEEL: storage, UBP balance adjustment, and delegation of powers
In February, Aneel moved forward on sector topics with broad impact for market participants – from institutional organization to regulatory arrangements and concession agreements, among others. Below we highlight key items, with links to Board Members’ votes and published acts:
- UBP: ANEEL approved the update of the Public Asset Use (“UBP”) balance for hydropower plants by executing an addendum to the concession agreement. Concessionaire agents will have 60 days from the publication of Order No. 686/2026 to adhere (Vote and Act).
- Storage: the Board unanimously approved a 30-day extension of Director Fernando Mosna’s request for review in the process of analyzing the results of Public Consultation No. 39/2023, aimed at improving storage regulations (Vote).
- Delegation of Powers: improvements to Normative Resolution (“REN”) No. 914/2021 were approved to advance decentralization of regulation, oversight, and enforcement activities. Amendments relating to the delegation of powers to the states and the Federal District resulted in REN No. 1,151/2026 (Vote and Act).
Federal Prosecutor’s Office: Generation and MMGD cuts
Within the scope of Public Consultation No. 45/2019, the Federal Attorney General’s Office at ANEEL issued Opinion No. 10/2026/PFAneel/PGF/AGU, analyzing the possibility of subsequently including Micro and Mini Distributed Generation (“MMGD”) in the ongoing discussions on generation curtailment under that consultation. While concluding that it is not permissible to curtail MMGD through the “accounting curtailment” mechanism discussed in the consultation, the Attorney General’s Office recognized the legal basis for MMGD curtailment, which should be addressed in a standalone proceeding, apart from the consultation.
Find out more:
ANA: new regulation for hydroelectric projects
On February 11, the National Water and Basic Sanitation Agency (“ANA”) published Resolution No. 286/2026, which updates the rules governing water use management for hydroelectric projects.
Among other changes, the resolution amended and simplified the rules for obtaining the Declaration of Water Availability Reserve (“DRDH”) – an essential license for the implementation and operation of such projects –, and included reversible plants (pumped‑storage hydropower) within its scope.
Find out more:
OPINION
Reversal of ICMS credits on settlement of surplus energy: TJMG delivers Brazil’s first favorable appellate decision
By Paulo Honório de Castro Júnior
phonorio@demarest.com.br | +55 (11) 94260-0276
On February 26, 2026, the Minas Gerais State Court of Justice (“TJMG”) published an appellate decision that fully upheld a first‑instance judgment rejecting the reversal of ICMS credits in the settlement of surplus energy in the Short‑Term Market of the Electric Energy Trading Chamber (“CCEE”) when the free consumer classifies as a creditor (Case No. 5125031‑64.2022.8.13.0024).
Demarest handled this case based on recently integrated firm WFAA’s legal thesis. This is the first judgment in Brazil to be upheld at the second instance in favor of the taxpayer. The matter has not yet been reviewed by the superior courts, which further emphasizes the significance of this state‑court ruling in shaping conduct and administrative discussions.
The core premise of the thesis is well known: in the “Pátio Savassi” case (Special Appeal 1,615,790/MG, rapporteur Justice Gurgel de Faria, Electronic Court Gazette April 09, 2018), the Superior Court of Justice (“STJ”) held that, when in a debtor position, settlement in the short-term market of the CCEE does not concern electricity as a good or commodity, but rather the multilateral assignment of contractual consumption rights, intermediated by the Chamber as a mechanism to equalize contracted versus consumed volumes.
If the object of the transaction is a right, and not a good, such transaction does not fit under the levy of the ICMS (state value‑added tax). As such, there is no taxable event in a debtor position. Logically, the same legal classification should govern the creditor position. If, when “buying” in the short-term market, the agent acquires consumption rights, then, when “selling” surpluses, the agent is alienating rights, rather than effecting an outflow of goods, and therefore remains outside the ICMS scope.
This is precisely why the reversal debate must not be treated as a mere “exempt output” or “non‑taxed output” in the usual sense of Article 155, paragraph 2, item II, of the Brazilian Constitution: This is not a potentially taxable transaction relieved by a legislative choice; it is a transaction that, by its nature, can never fall within the ICMS levy, as it does not involve the legal circulation of goods.
This framing coherently leads to the same conclusions reached by the Federal Supreme Court (“STF”) in cases where there is physical outflow but no tax materiality, and therefore the constitutional reversal rule does not apply. In ADC 49 (direct action for the declaration of constitutionality), upon recognizing that transfers between establishments of the same owner do not constitute a taxable event, the debate shifted to whether the state could require reversal as if facing an infra‑constitutional exemption. The STF responded that, without materiality, reversal cannot be imposed on the basis of “exemption” or “non‑taxation,” categories aimed at operations that could fall within the ICMS scope but were removed by a relief rule.
The reasoning is analogous to the commodatum (loan for use) precedent (RE 1,141,756, Topic 1,052): Physical outflow without legal circulation is not a “relieved transaction,” so reversal is not imposed; otherwise, non‑cumulativity would be distorted, effectively turning a case of pure non‑incidence into a credit restriction without an adequate constitutional basis.
In creditor settlements of surplus energy, the TJMG aligned with these precedents. Once the impossibility of charging ICMS in a debtor position is recognized for lack of materiality, it makes no sense to admit proportional credit reversal as if the transaction were an exempt outflow of goods.
It is also important to distinguish this discussion from General Repercussion Topic 1258 In Topic 1258, the STF is examining if, in interstate transactions with fuels (and, by constitutional logic, with electricity), the rule in Article 155, paragraph 2, item X, b – which shifts taxation to the destination state – authorizes the annulment of credits generated in prior intra‑state transactions in the origin state. The controversy, therefore, presupposes a transaction involving the circulation of goods (fuel or electricity) that is taxed in the destination state due to supposed immunity in the origin state. This is, however, precisely why it is a taxable transaction, which is the taxpayers’ central argument; therefore, there is no basis for reversal. Justice Dias Toffoli voted to maintain the credits, arguing that Article 155, paragraph 2, item X, b does not enable annulling ICMS credits charged in prior intra‑state transactions. Justice Alexandre de Moraes diverged, so far joined by Justices Flávio Dino and Cármen Lúcia. Proceedings have been suspended by a request for review.
The case ruled on by the TJMG, however, does not fit the same pattern. Here, the cause of action does not concern competence shifting or destination‑based taxation in interstate transactions. The key point comes prior to that: The settlement of surpluses in a creditor position in the short-term market is not a transaction involving goods, but rather the assignment of contractual rights, i.e., a transaction outside the ICMS levy. Therefore, even if the STF were to rule against taxpayers in Topic 1258, specifically within the context of fuels and electricity in interstate transactions, there is no necessary repercussion of the controversy over creditor‑position settlements. Topic 1258 discusses reversal in a case where tax materiality exists, and there is a federative dispute over the place of tax collection; the short-term market case concerns the absence of materiality, and for that very reason, the constitutional reversal rule cannot be enforced, as delimited by precedents such as ADC 49 and the commodatum case.
Finally, there is a relevant practical development regarding PIS/Cofins. Brazil’s Federal Revenue Service generally argues that Article 3 of Laws 10,637/2002 and 10,833/2003 only authorizes credits on electricity consumed, not on contracted energy, advocating a restrictive reading of the crediting list and, in some cases, requiring reversal when part of the contracted energy is not consumed (because it was settled in the CCEE’s short-term market).
This argument, however, must be reinterpreted in light of two premises:
- First, paragraph 12 of Article 195 of the Constitution has an anti-cumulative function, as ruled by the STF in the “Unilever case” (RE 841.979, Topic 756), and does not allow interpretations that reinstate cumulative effects indirectly.
- Second, at the infralegal level, there are rules that preserve credits in purchases for resale, which reinforces the need to correctly frame the economic nature of the settled surplus and avoid turning the non‑use of the input in full into an automatic disregard of credits detached from the constitutional logic of the non‑cumulative regime.
The same conceptual accuracy that drives the ICMS debate applies here: If what is settled in the short-term market is a contractual right of consumption, not “energy‑as‑commodity” as a tradable good, the tax treatment must comply with such qualification and the system’s purpose – otherwise an artificial cascading tax burden is created.
In conclusion, the TJMG ruling consolidates an important and pioneering precedent:
- settlement of surplus energy in the short-term market, in a creditor position, is a transfer of rights, not a mercantile transaction involving energy as a commodity;
- as it falls outside the ICMS competence, the phenomenon cannot be reclassified as an “exempt” or “non-taxed” outflow to impose reversal;
- the constitutional reversal rule, as established by the STF, presupposes a transaction that is potentially taxable but relieved by normative choice, which is not the case here; and
- Topic 1258, which is still pending, concerns a different factual setting and cause of action and therefore does not condition the outcome of this controversy.
MONITORING
| Federal Court of Accounts (TCU) |
| Case |
Highlights |
Topic |
Judgment |
| TC 032.316/2021-6 |
JUDGMENT 257/2026 – PLENARY SESSION |
New audits by the TCU |
The TCU approved the proposal for future inspections presented by AudElétrica:
- delay or inadequacy in energy transition regulation
- absence of, and slow pace in, ANEEL’s decision‑making process
- tariff inadequacy
- inefficiency in issuing concessions
- ineffective and limited oversight
- insufficient response by market agents to external events
|
| TC 006.591/2023–0 |
JUDGMENT 311/2026 – PLENARY SESSION |
Expiring distribution concessions |
The Court held that the Granting Authority effectively set the guidelines, rules, and regulations for delegation proceedings involving distribution concessions not provided for by Article 7 of Law 12,783/2013. |
| TC 022.280/2024-3 |
JUDGMENT 280/2026 – PLENARY SESSION |
ANEEL’s financial autonomy |
The Court ordered the Executive Branch to present an action plan to establish the financial autonomy of federal regulatory agencies. |
| TYPE |
MATTER |
CONTRIBUTION DEADLINE |
CODE / NOTES |
| Call for Contributions (“TS”) ANEEL |
| TS 004/2026 |
Obtain contributions on the Regulatory Result Analysis Report (“ARR”) No. 1/2026-SFF/ANEEL regarding the application of Annex VII of Normative Resolution (“REN”) No. 948, of November 16, 2021, which addresses the assessment of the quality of corporate governance systems of electricity distribution agents.
|
March 16, 2026 |
|
| TS 003/2026 |
Obtain contributions on the revision/update of the following Submodules of the Network Procedures: Submodule 6.2 – Operational and Responsibilities, Submodule 6.7 – Procedural, Submodule 8.1 – Procedural and Responsibilities, and Submodule 8.3 – Responsibilities.
|
March 16, 2026 |
|
| TS 025/2025 |
Obtain contributions for building the database and revising the methodology for non‑technical losses and non-recoverable revenues – Tariff Regulation Procedures (“PRORET”), Submodules 2.6 and 2.6A. |
March 06, 2026 |
|
| Public Consultations (“CP”) – ANEEL |
| CP 002/2026 NOVO |
Obtain contributions for the regulation of the Project Energias da Floresta (Forest Energy). |
April 13, 2026 |
|
| CP 001/2026 |
Obtain contributions and information to improve the Regulatory Impact Analysis (“AIR”) within the scope of the “Evaluation of metering systems for energy transition and modernization in the distribution segment” provided for in the Regulatory Agenda. |
March 16, 2026 |
|
| CP 046/2025 |
Obtain contributions from society on the automatic application of the time-of-use tariff for low-voltage consumers in subgroups B1 (residential), B2 (rural), and B3 (commercial, industrial, and others), with monthly consumption equal to or greater than 1 MWh. |
March 09, 2026 |
|
| CP 043/2025 |
Obtain contributions and additional information for the Regulatory Impact Analysis on the regulation of Decree No. 11,314/2022, which regulates the bidding process and the extension of public electricity transmission service concessions at the end of their term. |
March 10, 2026 |
|
| CP 042/2025 |
Obtain contributions and additional information on the draft normative resolution that improves the rules and distribution procedures related to access and connection of electromobility facilities to the distribution system. |
March 10, 2026 |
|
| CP 039/2025 |
Obtain contributions and additional information for the revision of the Asset Control Manual for the Energy Sector (“MCPSE”). |
April 3, 2026 |
|
| MME Public Consultations |
| CP 216/2026 NOVO |
Evaluation of the draft Reserve Energy Contract (“CER”) for contracting the Candiota III Thermal Power Plant in compliance with Article 3-D of Law No. 10,848/2025. |
March 09, 2026 |
|
| CP 215/2026 NOVO |
Draft Summary Report of the National Energy Plan 2055 – PEN 2055. |
March 14, 2026 |
|
| CP 214/2026 NOVO |
Draft of the Ten-Year Energy Expansion Plan – PDE 2035. |
March 14, 2026 |
|
| CCEE and ONS External Consultation |
| External Consultation No. 001/2026 |
Obtain contributions for choosing the parameters of risk aversion mechanisms in computational models, VMinOp, and CVaR. |
April 10, 2026 |
|
| External Consultation No. 002/2026 |
Obtain contributions for changing the minimum number of interactions in the Newave model. |
March 26, 2026 |
|
* Please note that the deadlines in the table above are constantly changing and correspond to the deadlines disclosed at the time of publication of this newsletter.
- Published Studies and Tools
WHAT’S NEXT
| March 18, 2026 – LRCAP 2026 – Hydroelectric, gas, and coal-fired power plants
More information here |
| March 20, 2026 – LRCAP 2026 – Fuel oil and diesel thermal power plants
More information here |
| April 2026 (date of proposal of Public Consultation No. 202/2025, already committed) – LRCAP 2026 – Storage
More information here |
| April 2026 – Transmission Auction 001/2026
More information here |
| October 2026 – Transmission Auction 002/2026
To be held by ANEEL. |
| April 2027 – Transmission Auction 001/2027
To be held by ANEEL. |
| October 2027 – Transmission Auction 002/2027
To be held by ANEEL. |
| Regulatory activities planned for 2026 |
| Code |
Regulatory Activity |
1st Half 2026 |
2nd Half 2026 |
Status |
| AR24-01 |
Regulatory improvements related to market opening in the regulation of distribution services |
Public Consultation |
Decision |
Initiated |
| AR24-02 |
Regulation of Decree No. 11,314/2022 addressing the termination of transmission concessions |
Public Consultation |
Decision |
Initiated |
| AR24-05 |
Update to the methodology for calculating the maximum limits for the Difference Settlement Price (PLD) |
Public Consultation + Regulatory Impact Analysis |
Decision |
Initiated |
| AR24-06 |
Improvement of the electricity market monitoring process (definitive rule after the shadow period) |
Decision |
|
Initiated |
| AR24-07 |
Instruction on Market Monitoring Regulation |
Public Consultation + Regulatory Impact Analysis |
Decision |
Initiated |
| AR24-08 |
Revision of Normative Resolution No. 948/2021 – Economic and Financial Efficiency Criteria |
Decision |
|
Initiated |
| AR24-18 |
Evaluation of methodologies for calculating the minimum PLD and defining the Optimization Energy Tariff (TEO) |
Regulatory Impact Analysis + Public Consultation |
Decision |
Planned |
| AR24-19 |
Review of PRORET Submodules 2.6 and 2.6 A – Non-technical losses and irrecoverable revenues |
Regulatory Impact Analysis + Public Consultation |
Decision |
Initiated |
| AR25-07 |
Improvement of Marketing Rules 2027 |
|
Public Consultation + Decision |
Planned |
| AR25-08 |
Regulatory improvements to implement provisions of head section of Article 28 of Law No. 14,300/2022 |
Public Consultation |
Decision |
Initiated |
| AR25-15 |
Requirements for observability, operability, and controllability of Distributed Energy Resources (DER) |
Public Consultation |
Decision |
Planned |
| AR26-03 |
Assessment of regulatory improvements on Grid Standards related to the resilience of the distribution system to extreme weather events |
Regulatory Impact Analysis + Public Consultation |
Decision |
Initiated |
| AR26-06 |
Establishment of Market Service Indicators |
Regulatory Impact Analysis + Public Consultation |
Decision |
Initiated |
| AR26-07 |
Regulatory improvements to advance electromobility and its connection to distribution systems |
Public Consultation |
Decision |
Initiated |
| AR26-09 |
Regulatory improvements for managing surplus generation at the distribution level |
Public Consultation |
Decision |
Initiated |
| AR26-11 |
Revision of REN 1030 (Law No. 15,269/25) – Improvement of Constrained Off |
Public Consultation |
Decision |
Initiated |
| AR26-13 |
Assessment of reverse power flow from MMGD within the context of CCEE accounting and settlement |
Regulatory Impact Analysis + Public Consultation |
Decision |
Initiated |
| AR26-14 |
Enhancement of the Grid Procedures (PdR) and Trading Rules arising from the normative resolution that will set operating criteria for generation reduction or limitation |
Public Consultation |
Decision |
Initiated |
| AR26-15 |
Regulation of the allocation of the cost of energy from Angra 1 and Angra 2 among end‑users of electricity, under Law 15,235/2025 |
Decision |
|
Initiated |
| AR26-16 |
Approval of Trading Rules relating to the provision of financial guarantees by CCEAR (A-1/2025) |
Decision |
|
Initiated |
| AR26-21 |
Revision of REN 1.031/2022, regarding discounts on TUSD/T for incentivized sources, as a result of Law No. 15.269/25 |
Public Consultation |
Decision |
Initiated |
| AR26-25 |
Improvement of regulations with a view to ending the right to discounts on TUST/TUSD for free consumers, pursuant to Law No. 15,269/25. |
Public Consultation |
Decision |
Initiated |
| AR26-27 |
Improvement of regulations to meet the criteria for self-generation, including by equivalence, pursuant to Law 15,269/25. |
Public Consultation |
Decision |
Initiated |
| AR26-30 |
Amendment to PRORET Submodule 5.5 to include traders in the payment of the Electricity Services Inspection Fee (TFSEE), pursuant to Article 12 of Law 9,427/1996 (resulting from Law No. 15,269/25). |
|
Regulatory Impact Analysis + Public Consultation + Decision |
Planned |
| AR26-31 |
Amendment to PRORET Submodule 5.2 to include the Energy Development Fund (CDE) ceiling, the Resource Supplement Charge, and its implementation (resulting from Law No. 15,269/25) |
|
Regulatory Impact Analysis + Public Consultation + Decision |
Planned |
| AR26-46 |
Establishment of guidelines and conditions for developing a regulatory sandbox and open innovation environment under the Energias da Floresta Project |
Decision |
|
Initiated |
| GER21-02 |
Establishment of operational criteria for reducing or limiting generation |
Decision |
|
Initiated |
| GER21-07 |
Regulation of “Constrained off” for hydroelectric power plants |
Regulatory Impact Analysis + Public Consultation |
Decision |
Initiated |
| GER21-18 |
Regulatory adjustments for the inclusion of storage systems, including reversible power plants, in the National Interconnected System (1st cycle) |
Decision |
|
Initiated |
| R&C21-14 |
Revision of the Electricity Sector Asset Control Manual – MCPSE |
Decision |
|
Initiated |
| TAR23-01 |
Modernization of distribution tariffs – Cycle 1 |
Regulatory Impact Analysis + Public Consultation |
Decision |
Planned |
| TRV23-07 |
Evaluation of measurement systems for energy transition and modernization in the distribution segment |
Public Consultation |
Decision |
Initiated |
* The complete agenda can be found at: ANEEL Regulatory Agenda
- 2026 Strategic Electric Power Agenda
| Activities Planned for the Current and Future Quarters |
| LRCAP 2026 – Existing and new plants |
1st Quarter |
| Defining guidelines for pushing forward LRCAP/LRCE projects |
1st Quarter |
| Defining guidelines for exporting energy surpluses |
1st Quarter |
| Developing an action plan to address reductions in minimum flow in the Paraná basin |
1st Quarter |
| Maintaining the current hydrogram of the Belo Monte hydropower plant |
1st Quarter |
| |
| LRCAP 2026 – Batteries |
2nd Quarter |
| Extending the rule allowing flexible offers by thermal power plants (“UTEs”) |
2nd Quarter |
| Assessing the implementation of daylight-saving time in 2026 |
2nd Quarter |
| Extending the rule that increases the availability of merchant UTEs |
2nd Quarter |
| Bringing forward rock‑removal works at the Nova Avanhandava Canal |
2nd Quarter |
| Assessing advanced dispatch of a thermal power plant and power imports |
2nd Quarter |
| Assessing a structural solution for integrating gas pipelines and the thermal fleet in the North region |
2nd Quarter |
* The complete agenda can be found at: Strategic Agenda
