GC Solar 23.61 GW GD Solar 53.65 GW
Market & Investments

Auctions A-1, A-2 and A-3 negotiated R$ 14,2 billion, but registered a discount of only 1,15%.

Even after changes to the rules on financial guarantees, trading companies participated in the auctions.

Auctions A-1, A-2 and A-3 negotiated R$ 14,2 billion, but registered a discount of only 1,15%.

Photo: Magnificent

The three existing energy auctions held this Friday (13) by CCEE (Chamber of Electric Energy Commercialization) moved approximately R$ 14,25 billion in contracts, with the negotiation of 50,17 million MWh.

In total, an average of 2.859,7 MW was traded, with an average price of R$ 284,04/MWh and a discount of 1,15% compared to the ceiling prices established for the auctions.

The result represents a significant reduction in competitiveness compared to the A-1, A-2, and A-3 auctions held in November 2025, when the average discount reached 15,45%. At that time, the auctions generated R$ 6,48 billion in contracts and provided an estimated savings of R$ 1,18 billion to consumers.

This year, the estimated financial savings were R$ 166,46 million, despite the volume of energy traded being higher than that recorded in the previous year.

One of the main points of attention regarding the 2026 auctions was the change in the rules for financial guarantees promoted by... ANEEL (National Electric Energy Agency), which raised the requirements for sellers. The change had generated concerns about a possible reduction in the participation of energy trading companies in the auctions.

Despite the new requirements, companies in the sector participated in the negotiations, including Enel Trading, Bolt, Comerc, Itaiu, Newcom, Santander, and Engeform Comercializadora.

In total, the three auctions registered 47 winners, according to the report released by CCEE. However, the presence of these companies was not accompanied by significant discounts.

A-1 concentrates the largest volume

Auction A-1, intended for contracting energy with supply starting in January 2027, concentrated the majority of negotiations. An average of 2.485 MW, equivalent to 43,6 million MWh, was traded, with a financial turnover of R$ 12,48 billion.

The average selling price was R$ 286,35/MWh, compared to a ceiling price of R$ 290/MWh, resulting in a discount of 1,26% and estimated savings of R$ 158,97 million.

The auction featured 46 vendors, including Auren, Axia Energia, Casa dos Ventos, Cesp, Engie, Rio Energy, BTG Pactual, Copel, and Enel.

On the buyer's side, 29 distributors participated, including Amazonas Energia, EDP Bandeirante, Coelba, CPFL Paulista, Enel São Paulo, Energisa, Light, and RGE Sul.

A-2 registers the smallest discount.

In Auction A-2, with supply scheduled to begin in January 2028, an average of 372,5 MW, equivalent to 6,54 million MWh, was negotiated. The contracted financial volume reached R$ 1,76 billion.

The average selling price was R$ 268,89/MWh, only R$ 1,11 below the ceiling price of R$ 270/MWh. This resulted in a discount of 0,41%, the lowest among the three auctions, providing an estimated savings of R$ 7,26 million.

The auction featured five sellers, including Enel Trading, Engeform Comercializadora, and Casa dos Ventos. Among the nine purchasing distributors were Celesc, Copel, Celpa, and Energisa Paraíba.

A-3 has only one seller.

Auction A-3, intended for contracting energy with supply starting in January 2029, registered the lowest volume of business. Only 2,2 MW average, equivalent to 38.544 MWh, were traded, with a financial turnover of R$ 9,21 million.

Engeform Comercializadora was the sole seller in the auction, which included 18 purchasing distributors, among them Light, Coelba, CPFL Paulista, Enel São Paulo, RGE Sul, Celpe, and Celpa.

The average selling price was R$ 239/MWh, compared to a ceiling price of R$ 245/MWh. This result represents a discount of 2,45%, the largest percentage among the three auctions. The estimated financial savings for the A-3 auction were R$ 231,3.

all the content of Canal Solar is protected by copyright law, and partial or total reproduction of this site in any medium is expressly prohibited. If you are interested in collaborating or reusing part of our material, please contact us by email: redacao@canalsolar.com.br.

Wagner Freire
About the Author
Wagner Freire

Wagner Freire is a journalist graduated from FMU. He worked as a reporter for Jornal da Energia, Canal Energy and Agência Estado. Covering the electricity sector since 2011. Has experience in covering events such as energy auctions, conventions, lectures, fairs, congresses and seminars.

Comments

Comments are moderated before publication.

Comments should be respectful and contribute to a healthy debate. Offensive comments may be removed. The opinions expressed here are those of the authors and do not necessarily reflect the views of the author. Canal Solar.

Leave your comment

Canal Solar
Privacy

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.