Daily Current Brazilian Utilities

Research evidence excerpt

Daily Current Brazilian Utilities

Global Research

23 July 2026ab

Daily Current Equities

Latin AmericaBrazilian Utilities

Utilities

Giuliano Ajeje

ABEEólica does not expect full adherence to curtailment reimbursement Analyst

agreement giuliano.ajeje@ubs.com

According to MegaWhat, ABEEólica does not expect all companies to adhere to the +55-11-2767 6371

reimbursement agreement related to curtailment. The article indicates that the Henrique Simoes

wind power association sees limited participation in the compensation mechanism, Associate Analyst

reflecting ongoing uncertainty among generators regarding the terms and henrique.simoes@ubs.com

effectiveness of the proposed settlement. The topic remains relevant for the +55-11-2767 6308

renewable generation segment, as curtailment has become a key concern for Julia Ongarato

companies exposed to restrictions in energy dispatch and potential revenue losses. Associate Analyst

(link) julia.ongarato@ubs.com

+55-11-2767 6694

CMSE brings forward LRCAP thermal plants to September amid El Niño risk

According to MegaWhat, CMSE decided to bring forward thermal plants contracted

under the LRCAP to September due to concerns over the potential impact of El Niño.

The measure suggests a more cautious operational stance by the power sector

authorities, aiming to reinforce system reliability ahead of possible hydrological

and supply risks. The decision highlights the government’s focus on ensuring

adequate thermal availability as the system prepares for a more challenging

climate scenario. (link)

Brazilian power system to face El Niño with indicators close to 2025 levels

According to Brasil Energia, the Brazilian power system is expected to face El Niño

with figures very close to those observed in 2025. The article points to a scenario in