$ shortage scenario get andean-hydro-drought-2026 > status: 0.40 WATCH > severity 3.0 / 5 > reviewed 2026-05-06
BRENT $72.13/b ● TTF €44.25/MWh ● OPEC_ORB n/a SPR_US 331.2 Mb ▼ FAO_FFPI 130.8 ▼
5 Andean grids · hydro power + rationing
A dry season drains reservoirs across the Andes, eroding the hydropower that supplies most of the region's electricity.
5 Andean grids · hydro power + rationing
Ecuador, Colombia and Peru turn to costly thermal generation and rationing; Bolivia and Chile import power at high prices.
Probability and severity are internal estimates on the v3.2 methodology. DEMO data, not for citation.
Illustrative client-side estimate from base spare capacity 3.8 mb/d. DEMO model, not for citation.