Anna Flávia Rochas

Trilingual media professional with more than seven years of writing and editing experience for real-time news wires, magazines and digital news outlets in Brazil and the United States. Former national energy reporter for Thomson Reuters Brasil.

Cenário para represas do Sudeste é pior que em 2014, volta temor de racionamento

SÃO PAULO (Reuters) - As previsões para a situação dos reservatórios das hidrelétricas do Sudeste do país em janeiro pioraram e as condições do período úmido atual têm se mostrado mais desfavoráveis do que no ano passado, frustrando expectativas iniciais de meteorologistas e do setor elétrico. Diante de tal cenário, em que as chuvas têm se mostrado bem mais escassas do que o esperado, uma possível necessidade de racionamento do consumo de eletricidade volta a rondar o planejamento de consultorias e comercializadoras de energia do país. O Operador Nacional do Sistema Elétrico (ONS) reduziu a 44 por cento da média histórica a estimativa de chuvas esperadas para reservatórios do Sudeste em janeiro, segundo o informe do Programa Mensal de Operação divulgado nesta sexta-feira, número antecipado mais cedo por fontes à Reuters.

Brazil Water Supply, Crops Still at Risk a Year after Epic Drought

SAO PAULO (Reuters) - Southeastern Brazil is getting some rainfall a year after a record drought started, but not enough to eliminate worries about an energy crisis, water shortages or another season of damaged export crops, meteorologists said. Record-high temperatures and the most severe drought in at least 80 years punished southeastern Brazil last year, a region accounting for 60 percent of the country's gross domestic product. Despite rain in recent weeks, the country's climate challenges could threaten a tepid economic recovery.

Eletrobras ficará de fora de leilão de transmissão de 6a-feira

SÃO PAULO (Reuters) - A Eletrobras, não participará do leilão de transmissão de energia marcado para sexta-feira, o primeiro do ano, optando por esperar por novos certames ao longo deste ano. "Estamos numa fase de ajuste. Como temos muito interesse nos próximos leilões, vamos aguardar", disse o diretor de Transmissão da estatal federal, José Antônio Muniz Lopes, à Reuters. O leilão, que deveria ter ocorrido no final do ano passado, foi adiado pela Agência Nacional de Energia Elétrica (Aneel) com a retirada de alguns empreendimentos, para reavaliação de condições, depois que leilão anterior teve lotes sem interessados.

Some companies profit as Brazil struggles to secure power

SAO PAULO, Sept 11 (Reuters) - A small group of energy companies in Brazil are increasing revenues at a time when the country is grappling with its worst power crisis in more than a decade, taking advantage of sky-high prices to sell electricity in the spot market. Power generators that have managed to produce extra energy in recent months or who aren't restricted by long-term supply contracts are being rewarded with prices up to six times higher than the average cost on conventional electricity contracts. At the same time, distributors that had to resort to the short-term market to fulfill demand increases are facing financial burdens and are being rescued by the government. The situation underscores the imbalances of the Brazilian power system, which has come under stress because of a prolonged drought. The energy crunch has also become a hot topic in Brazil's presidential race, with the government facing criticism for not ensuring a stable power supply at reasonable prices.

Brazil Readies Big Push On Solar Energy But Companies Are Wary

SAO PAULO (Reuters) - Grappling with its worst energy crisis in more than a decade, Brazil is making its first big move to develop a local solar power industry that could help reduce its dependence on a battered hydro power system. In October, Brazil will hold an auction to negotiate energy to be produced exclusively by solar farms, the first ever of the kind in the South American country. Power companies have registered some 400 projects for the auction, but many remain wary of the outlook for solar power in Brazil and say they need more clarity on investment conditions and financing before signing any deals.

Record Brazil heat pressures crops, energy prices, government

Even by Brazilian standards - man, it's hot. January was the hottest month on record in parts of Brazil including its biggest city, São Paulo. The heat, plus a severe drought, has kindled fears of water shortages, crop damage and higher electricity bills that could drag down the economy during an election year for President Dilma Rousseff. The scorching conditions don't constitute a crisis quite yet, officials say. Weather has been mostly normal in other regions including Brazil's soy belt, where a record crop is still expected. Summer rains could return in February and March to refill reservoirs, as they did last year when similar concerns over a possible energy crisis proved to be overhyped.

Copel cria subsidiárias e corta custos

A Copel, empresa de energia controlada pelo governo paranaense, pretende melhorar a gestão do grupo com a reestruturação da companhia, que inclui criação de subsidiárias e corte de custos, disse o presidente da empresa. A Copel aprovou, na semana passada, a criação das subsidiárias Copel Renováveis e Copel Participações, voltadas para novos negócios, além de outras alterações no estatuto da companhia referentes à reestruturação. A primeira vai concentrar os investimentos da empresa em energias renováveis e a Copel Participações vai gerir as participações em sociedades de propósito específico (SPEs). "Nós tínhamos uma estruturação que sob o ponto de vista de gestão, de dinâmica da gestão, não era a mais adequada para os propósitos da empresa", disse o presidente da Copel, Lindolfo Zimmer. Segundo ele, as alterações também visam a adequar a empresa a mudanças regulatórias, como as trazidas pela Medida Provisória 579 convertida em lei, de renovação das concessões do setor. Com as subsidiárias, a Copel pretender obter maior isonomia na gestão das empresas, que serão mais voltadas a resultados, garantindo que elas agreguem valor à holding. (click pdf to view entire story)

Bondholders unlikely to derail Brazil's Grupo Rede takeover plan

SAO PAULO, March 26 (Reuters) - Opposition from foreign bondholders is unlikely to stop the takeover of Brazilian power holding company Grupo Rede Energia SA by two rivals, several sources with direct knowledge of the situation told Reuters. The process should be concluded ahead of a court-mandated deadline in July, and the buyout plan by Equatorial Energia SA and CPFL Energia SA may help limit losses for bondholders, the sources said. But bondholders are fighting a proposal that would restructure Grupo Rede's debt and cut the value of their holdings by 85 percent.

Energisa and Copel say interested in Brazil's Rede Energia

SAO PAULO, Oct 17 (Reuters) - Energy companies Energisa SA and Copel are interested in buying Brazil's Grupo Rede Energia SA, an Energisa executive told Reuters on Wednesday, joining the list of potential buyers of the cash-strapped power company. Rede Energia last week signed a letter of understanding for a possible purchase of the company by Brazilian utilities CPFL Energia and Equatorial Energia. Those two companies have said that together they have exclusive negotiating rights for the purchase until the end of the year. "It is in our interest to deliver an alternative proposal and I believe it is also in the interest of the concessionaires to analyze which is the best proposal," Energisa's head of investment relations, Mauricio Botelho, told Reuters.

Brazil seizes Rede Energia units in biggest sector intervention

SAO PAULO/BRASILIA (Reuters) - Brazilian energy regulator Aneel voted on Friday to seize eight units of debt-laden power holding company Grupo Rede Energia, marking the strongest ever state intervention in the sector in a bid to prevent a halt in electricity service in six states. Aneel will immediately take over control of Celtins, Cemat, Enersul, CFLO, Caiuá, Bragantina, Vale Paranapanema and Nacional, all of which were suffering from serious financial and operational problems. Reuters reported Aneel's plans earlier in the day, citing three sources with knowledge of the situation.

Brazil regulations may hit Eletrobras investment

BRASILIA/SAO PAULO, Oct 18 (Reuters) - Brazil's state-run power utility Eletrobras could pare back ambitious investments in Latin America's largest economy as the renewal of electric concessions threatens to pinch cash flow. Brazil is nearing a decision this year on power industry concessions, with signs pointing to a steep cut in rates for almost all of Eletrobras's transmission contracts and about 40 percent of its generation contracts. "No one is taking care of this. Cash flow is going to fall off steeply at Eletrobras and the government isn't giving the issue due attention," said a lawmaker in the governing coalition, who asked not to be named.