Tag Archives: drought

Argentina leaves markets worried about ability to grow

“It’s like chemotherapy. If you have it all at once, you are going to kill the patient. You need to find a dose that won’t kill the patient.” The patient being discussed by a senior capital markets banker in New … Continue reading

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The year of energy-induced recession in Brazil?

The beginning of the rainy season in Brazil has not brought enough rain to prevent water levels in the reservoirs in Brazil’s south-east and centre-west falling to record lows. The chances of energy rationing are, therefore, increasing. The government maintains … Continue reading

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Brazil’s energy options running dry

Independent hydrology experts have privately labelled the Brazilian government’s targeting of reservoir levels of 10% by November as “irresponsible”, according to Euromoney sources. Brazil is suffering a severe drought, especially in its south-east region, which produces 75% of the country’s … Continue reading

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Energy prices offer investment plays in Brazil

Investors in Brazil’s power sector are facing volatile earnings and share prices as a drought has forced up the spot price for energy to its government-enforced ceiling of R$822/Mwh. Generation companies that have shortfalls in their contracted energy supply face … Continue reading

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Rousseff faces water torture

A lack of rain to fill the dams that power Brazil is becoming a potential crisis. But as experts call for action to protect dwindling reservoirs the government refuses to act, and running the hydrology risk is becoming increasingly dangerous … Continue reading

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