The controversial privatisation comes as warnings of potential energy disruption increase due to the longest dry spell in the Central and South-east regions for 91 years. The water crisis has forced a shift to thermal power stations, whose higher costs push tariffs upwards.
- Higher energy tariffs will drive inflationary pressures this year.
- Eletrobras’s privatisation may occur early next year, but could increase energy prices.
- Significant energy investments are required to avoid future power disruption.