Industrial malaise flattens Brazil power demand

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Friday, September 5, 2014

Brazilian power demand was stable year-on-year in August amid plummeting industrial confidence.

Demand stood at 62.7 average GW, despite a 3.3% gain in the country's northeast, national grid operator ONS said in its latest bulletin on Friday.

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"The performance of demand on the grid is principally explained by the reduced pace of industrial activity," ONS said.

The southeast-midwest region posted a 1.4% decline to 37.0 average GW while the south rose 2.4% to 10.9 average GW.

The full report, in Portuguese, can be seen here.