Declining water levels in reservoirs are creating pressure to increase electricity prices in the energy market. If thermal power generation cannot meet demand, the reference price for electricity could reach $1,000 per kilowatt-hour. The situation is linked to the ongoing El Niño weather pattern, which is expected to exacerbate water scarcity. Low reservoir levels are a primary concern, potentially forcing reliance on more expensive energy sources. The energy market is closely monitoring thermal power supply to mitigate potential price spikes. This potential increase in cost reflects broader concerns about energy security and the impact of climate phenomena on essential services. Authorities are assessing the situation to prevent significant economic disruption.
