Power lines connecting high-voltage poles near the capital Brasilia (Brazil). Photo: Reuters. According to ONS General Manager Luiz Carlos Ciocchi, this could lead to higher electricity prices. However, the situation is still positive when the risk of power shortage or interruption of distribution has not yet occurred. About three-quarters of Brazil’s electricity is generated from hydroelectric plants. This is one of the largest percentages compared to countries in the world. Brazilian President Jair Bolsonaro said on May 10 that the country was experiencing the worst water crisis in its history, and warned of major problems with electricity production. The crisis comes at a time of increased demand for energy, as temperatures rise in the coming summer months. Last week, Brazil’s Electricity Supervision Commission approved potential additional measures to meet electricity demand, including increasing the power output of thermal power plants and importing energy from Argentina and Uruguay. Mr. L.Ciocchi said that the government should reserve water in the lakes to meet the needs of the people and maintain the necessary hydropower output.

The shortage of chips is the biggest challenge that this business is facing, Griffiths said. Volkswagen logo at a dealership of this company in Hamm, Germany. (Photo: AFP / VNA) Seat’s Martorell factory, located on the outskirts of Barcelona, ​​only makes models that receive chips from suppliers, Griffiths said. Volkswagen expects chip supplies to remain tight in the coming months. Last month, Volkswagen Chief Executive Officer Herbert Diess said it was unable to produce 100,000 cars due to a shortage of chips and it would be difficult to make up for the shortage in 2021. According to Volkswagen, the shortage of chips is exacerbated by a snowstorm in Texas (USA), and major chip manufacturers based in the region have to stop production or reduce production. Therefore, this company cannot rule out the possibility of further adjustments to production activities.

Volkswagen logo at a dealership of this company in Hamm, Germany. Photo: AFP / VNA In an interview with the Financial Times, Mr. Wayne Griffiths, President of Seat brand in Spain, Volkswagen said he had received notification from suppliers as well as from Volkswagen Group about the significant challenges in the second quarter. could be even more difficult than the first quarter. Mr. Griffiths said that the shortage of chips is the biggest challenge that this business is facing. Seat’s Martorell factory, located on the outskirts of Barcelona, ​​only makes models that have received chips from suppliers, Griffiths said. Volkswagen expects chip supplies to remain tight in the coming months. Last month, Volkswagen CEO Herbert Diess said the company was unable to produce 100,000 vehicles due to chip shortages and it would be difficult to make up for the shortage in 2021. According to Volkswagen, the shortage of chips is exacerbated by a snowstorm in Texas (USA), and major chip manufacturers based in the region have to stop production or reduce production. Therefore, the firm cannot rule out the possibility of having to make further adjustments to production activities.