Economy

Economic impact of Brazil’s energy crisis will last until 2023

Brazilian consumers are set to endure high utility bills for at least another two years. In September, energy tariffs jumped 7 percent as hydropower reservoirs continue to dry up — forcing the government to switch on its more expensive and polluting thermal plants. The crisis came after Brazil’s driest summer in 91 years.

According to the ONS, the operators of the national power grid, São Paulo state’s biggest hydroelectric plant in Ilha Solteira...

Ana Ferraz

Ana Ferraz is a journalist specialized in global affairs and economics. She previously worked at the Italian News Agency ANSA and has been published by multiple Brazilian outlets.

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