Brazil fails to prevent energy crisis
Government inaction and rapidly changing climate have combined to highlight the importance of diversifying the country’s energy mix
A combination of lack of planning, political miscalculations, technical mistakes and dire climatic conditions have caused an energy crisis in Brazil. And the precarious situation is likely to be as bad as, if not worse than, the crisis of 20 years ago, which left severe economic and political upheaval in its wake. Government initiatives directed at attenuating the effects of the crisis are mostly too little, too late—especially those involving centralised government planning, such as conservation of hydro capacity by altering water flows to different sectors or dispatching sufficient new thermal sources. Since the 2001 energy crisis, Brazil has added much wind, biomass (mostly sugarcane), ga

Also in this section
21 May 2025
Integrated refining and petrochemicals company highlights strategic flexibility amid trade war risks and long-term planning to futureproof business, says CEO Prabh Das
21 May 2025
OPEC and IEA split on oil demand outlook and even diverge on supply risks, with huge implications for market sentiment
20 May 2025
Petroleum Economist is proud to be an official media partner for the 9th OPEC International Seminar in Vienna
20 May 2025
Mediterranean-focused gas producer looks to replicate Israel success story and is hunting projects across the continent, with particular interest in West Africa