El Niño and Future Power Prices in Brazil
Meteorologists are emphatically pointing to a year of strong El Niño influence on rainfall patterns (also) in Brazil.
Since hydroelectric plants are very important to the Brazilian power matrix, and many of them were built without reservoirs ("run-of-river"), the issue has become relevant when considering future power price scenarios.
Rainfall is an "external" factor beyond our control. But possible mitigation are the responsibility of everyone who wishes to be careful and, especially, desires to keep prices within a predictable level.
What are the scenarios with an intensified El Niño?
What analyses can be considered?
What alternatives are in the pipeline?
How to consult the market to evaluate the alternatives?
If you wish to explore this path, now is the time to take action to gain an advantageous position compared to those who will wait to make decisions in the heat of the moment.