Elizabeth Johnson

Managing Director, Brazil Research

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Recent Brazil research

* Brazil: Closer to the fiscal precipice, Grace Fan, Elizabeth Johnson, 17 Aug 2017
* Brazil: Is pension reform still possible?, Elizabeth Johnson, Grace Fan, 10 Aug 2017
* Brazil: The cost of Temer’s victory, Grace Fan, Elizabeth Johnson, 3 Aug 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017
* Brazil: Can the market really decouple from the political crisis?, Grace Fan, 28 Jul 2017

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Brazil: Rationing risk diminishes, but high electricity prices are here to stay

Overview

Improved precipitation in key regions of Brazil, coupled with rising electricity rates and declining consumption due to the deepening economic recession, has reduced the likelihood that the Dilma administration will be forced to implement mandatory power rationing in 2015. Although this is positive news, Brazil’s electricity sector continues to face serious imbalances that will result in continued use of high-cost thermoelectric plants for at least another year. This means that...

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