Chile weighs power-rationing decree as drought strains the grid
Chile's government is weighing a power-rationing decree as a prolonged drought strains hydroelectric output and the electricity grid. Officials are reviewing possible measures to safeguard supply security, according to Rio Times. No final decision has been taken.

A persistent drought in Chile is reducing the capacity of the hydroelectric plants that supply a significant share of the country's electricity. The government has put a power-rationing decree on the table to help secure supply.
According to Rio Times, officials are weighing options to manage consumption and ease pressure on the grid. The duration of the drought and the level of water reservoirs are among the key factors that will shape the scope of any decision.
Energy experts note that variability in climate conditions poses a growing risk for systems that rely heavily on hydropower. Chile's efforts to broaden its mix of renewable sources are back in focus as a result.
Read next

Crude prices rise as US launches strikes on Iran and cancels oil-sales license
Crude oil prices rose after the US launched strikes on Iran and canceled a license permitting the sale of Iranian oil. Investors are pricing in the possible supply effects of tension around the Strait of Hormuz, according to MarketWatch. Markets are watching developments cautiously.

US resumes strikes on Iran after Hormuz Strait ship attacks, CENTCOM says

Milk prices post largest drop in two years at global dairy auction

Sierra Leone fishermen blame Chinese trawlers for their dwindling catches
