Brazil power supply in surplus despite drought - govt

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Wednesday, October 8, 2014

Brazilian power plants are currently operating with an average 6.6GW of surplus energy, despite plummeting hydroelectric output, the government said on Wednesday.

In a statement, the mining and energy ministry (MME) said the risk of power supply falling into deficit this year was "equal to zero" in the drought-hit southeastern, midwestern and northeastern regions.

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According to MME, Brazil has added 5.27GW to its installed capacity since January, representing 88% of the total forecast for 2014.

The country's energy trade chamber CCEE last week said that September output from hydroelectric plants fell 9.9% year-on-year in the month to an average of 40.9GW.

BNamericas will host its 11th Southern Cone Energy Summit in Lima, Peru, on November 12-13. Click here to download the agenda.