The risk of energy rationing has doubled and is now 10%, according to Itaú

Twenty years after the 2001 rationing, the country faces a new water crisis. Photo: Fabio Rodrigues Pozzebom / Agência Brasil

The possibility of electricity rationing in Brazil has doubled from 5% to 10%, according to a forecast by Itaú Unibanco. The analysis was presented by the institution’s chief economist, Mário Mesquita, on Tuesday (31). According to Mesquita, the risk related to water has increased in Brazil due to the low incidence of rains and the drop in the level of reservoirs, causing risks of energy shortages in some parts of the country.

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