Biomethane, carbon, and capacity: the three movements that redefined Brazil’s energy sector in 2026
Between March and May 2026, the Brazilian energy sector experienced its densest regulatory quarter in years. The CNPE set the target for the biomethane mandate and the ANP completed the regulation of the certificate of origin (CGOB). The country held the largest capacity reserve auction in its history, contracting 19 GW with investments of R$64.5 billion. And the Ministry of Finance presented the first official proposal for sectoral coverage of the regulated carbon market (SBCE), with an inclusion schedule for energy and waste. Three decisions that, read together, form the new regulatory floor for the energy transition in Brazil, with a public consultation on the carbon market scheduled for July and a final rule expected by December.