Ordinances No. 32/GM/MME and No. 33/GM/MME, both in effect as of December 17, 2021, issued by the Brazilian Ministry of Mines and Energy, determined the schedule for generation and transmission auctions in 2022, 2023 and 2024. Partner Débora Yanasse, associate Júlia Batistella Machado and associate Julia Braga Ribeiro of the Mergers & Acquisitions practices of Tauil & Chequer Advogados in association with Mayer Brown have prepared a document summarizing the main information.
Among energy auctions, reserve of energy and reserve of power auctions, and supply of isolated systems auctions, eight auctions of power generation are planned in 2022, seven in 2023 and other seven in 2024. Regarding power transmission, two auctions are planned per year, the first in June and the second in December.
Access the auction update here