Newsletter Energy | Short-Term Market, Auctions and Regulation – September 2025 

September 2025 consolidated regulatory progress in the Brazilian electricity sector with the first settlement of the Short-Term Market and reduction of hydrological risk. Auctions mobilized R$ 5.8 billion in investments, while public consultations on the low-voltage market and smart meters, expansion of the Social Tariff and incentives for renewables marked the period. 

Our specialists highlight: 

  • First financial settlement of the Short-Term Market and reduction of hydrological risk liabilities 
  • Transmission Auction No. 4/2025 with expected investments of R$ 5.53 billion 
  • MME public consultations on opening up the low-voltage market and implementation of smart meters 
  • Conversion of Provisional Measure No. 1,300 into Law No. 15,235 expanding the Social Electricity Tariff 
  • Regulation of grants for energy storage systems colocated with generating plants and discounts on tariffs for renewable power plants 

Read in full: 

This newsletter provides information about legal developments in Brazil to clients and members of Cescon, Barrieu, Flesch & Barreto Advogados. The content included herein is not meant to provide legal advice with respect to any specific matter. We do not undertake to update, supplement or modify the information contained herein.

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