The Electricity Crisis Was Not Caused By a ‘Perfect Storm’

The Electricity Crisis Was Not Caused By a ‘Perfect Storm’
(AP Photo/Czarek Sokolowski)
Recent news from the global electricity sector looks grim. South Americans, heavily dependent on hydroelectricity,  face drought-induced scarcity. Hard to believe in a continent laced by three enormous river systems. The alternatives for South American electricity users are an increased reliance on fossil fuels or turning off the lights (conservation). And unlike relatively inexpensive hydroelectricity, generating electricity with fossil fuels (apart from the ecological consequences) incurs fuel expense, which raises prices.
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