Energy Shortage Affects Brazil’s Economic Growth

Global Business

Brazil’s unusually dry rainy season is taking its toll on the country’s hydropower plants. The dryness in most developed and populous region is threatening home water supplies, hurting sugar and coffee crops and forcing power distributors to pay surging prices in the wholesale energy market.

And as the power prices head higher– the government may have to take drastic steps to help meet electricity demand. CCTV’s Paulo Cabral reports.

Follow Paulo Cabral on Twitter @paulonumundo

Energy Shortage Affects Brazil\'s Economic Growth

Brazil's unusually dry rainy season is taking its toll on the country's hydropower plants.And as the power prices head higher-- the government may have to take drastic steps to help meet electricity demand. CCTV's Paulo Cabral reports.