Utility Management Group
Senior decision-makers come together to connect around strategies and business trends affecting utilities.
Post
Long term power prices in Brazil
Long term power prices in Brazil
The ongoing water crisis is a phenomenon that should strongly affect energy prices in both the deregulated and regulated markets.
The prevailing expectation is that this situation will continue until the beginning of the rainy season (usually starts in October).
Then the reservoirs should be replenished, thus enabling the full dispatch of the hydroelectric plants, allowing the much more expensive thermal plants to be shut down.
In the mean time the long term prices are being "contaminated" with the situation of the crisis that is only expected for this year of 2021.
They have risen, since the beginning of this year, by about 50%.
This is a warning for companies and institutions to consider this scenario in their strategies.
Discussions
No discussions yet. Start a discussion below.
Get Published - Build a Following
The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other.
If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful.
Sign in to Participate