RIO DE JANEIRO, BRAZIL - Brazil's National Electric System Operator (ONS) raised a new alert about the challenges Brazil's electricity sector is facing this year due to the severe water crisis in the country's hydroelectric reservoirs, projecting a depletion of virtually all energy resources by November.
The warning came after the agency raised the load forecast and considered a lower and more "realistic" thermal availability to meet demand for energy, according to a technical note published Thursday night July 22.
According to the agency, the scenario "results in a degradation of storage levels at the end of the . . .