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Brazil grid queue above 1.98x capacity in May 2027?

Yes if demand above 1.98× capacity

In the competitive process of the first 2027 access season under Brazil's transmission access policy (Pnast), scheduled for May 4 to 6, 2027, does qualified demand exceed the remaining capacity offered by more than 1.98 times, the ratio of October 6, 2026 (451 MW for 228 MW)?

The rule

Read, in the ONS result notice of the competitive process or the technical note on remaining capacity it cites, the qualified demand and the remaining capacity offered, in megawatts, summed across connection points.

Settles on the source the rule names.

Source: ONS, schedule of the first 2027 access season and the result notice of its competitive process, on ons.org.br

What would move the Call

  • The Copom cuts Dec 9 and the ONS queue of May 4-6, 2027 runs no deeper than 1.98 times: cheaper money brought the grid no more demand.
  • The Copom cuts Dec 9 and the H.10 real for Dec 31 is weaker than 5.2222: lower rates bought a weaker currency instead of cheaper capital.
Closes
May 5
8:00 PM ET
The thesis
Does the AI boom reach Brazil as power and data centers, or mostly as the price of money?

A test is listed when its specification is admitted and a divergence names two sides. The open markets →

Question, rule and source from the DeepStack engine, data as of Nov 10, 2026. Analysis and opinion, not investment advice.