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Weekly Report - 19 February 2015 (WR-15-07)

BRAZIL: Water levels rise, and so do electricity prices

According to the São Paulo state water utility company (Sabesp), increased rainfall is boosting reservoir levels and may prevent the extension of water rationing which is due to start in April. The rise in water reservoir levels may also help prevent further electricity blackouts, not only in the industrial hub of São Paulo but also in neighbouring states. What is certain, however, is that electricity prices will increase from as early as next month.

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