Brazil’s national power grid operator (ONS) said on Friday that severe drought is likely to push the country’s power generation capacity to its absolute limit by November, as hydroelectric plants struggle with the water shortages. Latin America’s biggest economy is facing its worst drought in almost a century, which is disrupting hydroelectric dams – Brazil’s main source of power generation. Despite the stretched power system, the ONS said it did not forecast power shortages for consumers. “With regard to meeting power requirements, there are significantly reduced surpluses in the month of October, with the exhaustion of practically all resources in the month of November,” the ONS said in a technical note. Earlier this month the ONS asked electricity generators to postpone maintenance and technical […]