By Brazil Stock Guide – Brazil’s electricity regulator has approved fixed revenue of 4.81 billion reais ($980 million) for the Angra 1 and Angra 2 nuclear power plants for 2026, marking a 17.09% increase from the amount set for 2025.
The decision was approved by the board of the National Electric Energy Agency, known as Aneel, at a meeting held on Tuesday (27). The new revenue level took effect on Jan. 1 and is designed to fully cover the generation costs of Brazil’s only operating nuclear facilities.
Under Brazil’s electricity framework, the revenue is allocated among power distributors connected to the National Interconnected System, or SIN. The cost-sharing mechanism is established under Law 12,111 of 2009, which governs the treatment of expenses related to nuclear generation.
The amount is transferred through a specific tariff calculated and approved annually by the regulator. The structure is intended to ensure financial stability for nuclear generation while spreading costs across the broader electricity system.
Annual revenue-setting for the Angra plants is a key regulatory step for Brazil’s power sector, particularly as nuclear generation is classified as a firm energy source within the country’s electricity matrix.
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