Message-ID: <12390695.1075840945838.JavaMail.evans@thyme> Date: Fri, 11 May 2001 12:58:00 -0700 (PDT) From: webmaster@cera.com To: insights@cera.com Subject: Brazil's Rationing Plan: A Step Away from Market Mechanisms? - CERA Alert Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit X-From: webmaster@cera.com X-To: insights X-cc: X-bcc: X-Folder: \ExMerge - Kitchen, Louise\'Americas\South America X-Origin: KITCHEN-L X-FileName: louise kitchen 2-7-02.pst Title: Brazil's Rationing Plan: A Step Away from Market Mechanisms? URL: http://www20.cera.com/eprofile?u=35&m=2381 RATIONING PLAN CONTINUES TO EVOLVE AS THREAT LOOMS Brazil?s hydro reservoirs? current stored energy is well below the levels necessary to assure supply throughout the dry season. Despite a general acceptance that rationing is becoming inevitable, the Brazilian government has not announced how it will be implemented. Key issues include the following: * It is too late to sufficiently increase supply to avoid a crisis. * The power shortage could reduce GDP growth by 0.5 to 1.5 percent. *Immediate implementation of rationing will minimize the depth of the required cuts. **end** Follow above URL for full report. E-mail Category: Alert CERA Knowledge Area(s): Latin American Energy, *********************************************************************** CERA's Spring 2001 Roundtable event dates and agendas are now available at http://www20.cera.com/event *********************************************************************** To make changes to your cera.com profile go to: http://www20.cera.com/client/updateaccount Forgot your username and password? Go to: http://www20.cera.com/client/forgot This electronic message and attachments, if any, contain information from Cambridge Energy Research Associates, Inc. (CERA) which is confidential and may be privileged. Unauthorized disclosure, copying, distribution or use of the contents of this message or any attachments, in whole or in part, is strictly prohibited. Terms of Use: http://www20.cera.com/tos Questions/Comments: webmaster@cera.com Copyright 2001. Cambridge Energy Research Associates