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ONS predicts a lower growth in the electricity load in Brazil in December

The National Electric System Operator (ONS) started to forecast a smaller growth in the electric energy load in Brazil in December, at the same time that it made a downward adjustment in the estimates for the level of reservoirs and rainfall in the Southeast/Center-West to end of the month.

Brazil should have growth of 0.6% in December, in the annual comparison, compared to 1.2% predicted last week. The economic slowdown has been impacting load dynamics and hydroelectric reservoirs in the Southeast/Center-West should reach 51.2% of capacity by the end of the year, slightly below the 52.1% projected previously.

The volume of rain that should reach the region’s hydroelectric plants in the month should be a little lower than expected. The agency’s forecast is for rainfall at 88% of the historical average in December, compared to 95% predicted in the previous week.

For the other submarkets, rainfall estimates were raised for the South (88% of the average, compared to 81% estimated last week), Northeast (89%, compared to 81%) and North (190%, compared to 159%).

Source: CNN Brasil

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