Welcome to “Number of the Week,” where we choose a single figure that helps understand what is going on in Brazil. This week, we show how much the water crisis cost the country last year.
- the cost of the water crisis to Brazil
Last year’s water crisis hampered electricity generation and threatened blackouts and compulsory rationing programs. In response, the Brazilian government has prioritized increasing the energy supply rather than investing in energy efficiency or encouraging consumers to reduce consumption.
Due to the use of thermal plants to supply the market, as well as the decision to contract out...