It´s not your imagination.
Argentina Has Colder Winter Than Antartica, Spurring Record Power Imports
(Bloomberg) By Rodrigo Orihuela
Argentina is importing record amounts of energy as the coldest winter in 40 years drives up demand and causes natural-gas shortages, prompting Dow Chemical Co. and steelmaker Siderar SAIC to scale back production.
Electricity supplied from Brazil and Paraguay rose to a daily combined record of about 1,000 megawatts on July 12, while consumption peaked at 20,396 megawatts three days later, according to Buenos Aires-based energy broker Cammesa. Shipments of liquefied natural gas are set to double this year.
2 comments:
And this is the month that the subsidies ended .
Oh Baby! Are you ever right about that.
I can´t believe they´ll let that happen before the election ...but I guess we´ll see.
Timing is everthing.
Love,
Mike
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