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Home - Policy - Demand from Brazil’s LRCAP battery auction is estimated at nearly 3 GW – SPE
Policy

Demand from Brazil’s LRCAP battery auction is estimated at nearly 3 GW – SPE

solarenergyBy solarenergyMarch 23, 2026No Comments1 Min Read
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Brazil’s second Long-Term Reserve Capacity Auction (LRCAP) of 2026 has contracted 501 MW of thermoelectric capacity, leaving an estimated 3 GW of residual demand to be addressed in an upcoming battery storage auction expected later this year.

March 23, 2026
Livia Neves

By ESS news

Brazil’s second LRCAP of 2026, held last week, contracted 501.3 MW of capacity from existing thermoelectric plants. Four diesel and fuel oil plants have been awarded contracts with deliveries starting in 2026 and 2027, while two biodiesel plants will start supplying power in 2030.

The auction, held at the Chamber of Electric Energy Commercialization (CCEE) headquarters in São Paulo, complements the tender carried out last Wednesday (March 18) which resulted in the contracting of 19 GW of capacity.

“The capacity contracted during these two days of auctions improves energy security for Brazilians. This reflects our efforts to ensure that electricity is delivered to households across Brazil in an even more reliable way,” said Minister Alexandre Silveira.

To read further, visit our ESS news website.

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auction battery Brazils demand estimated LRCAP SPE
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