But
the
euphoria
appears
to
have
hit
a
roadblock,
as
the
country
faces
an
oversupply
of
power,
albeit
one
that
hopefully
will
prove
short-lived.
The
long-term
view
remains
optimistic,
as
wind
energy
offers
some
of
the
cheapest
electricity
rates
in
the
local
market
and
projects
can
be
built
quickly
—
unlike
large
hydro
schemes.
“This
will
be
a
year
of
great
caution,
but
not
pessimism,”
says
Elbia
Melo,
president
of
the
Brazilian
wind
association,
ABEEólica.
“I
see
no
going
back.”
She
tells
Recharge
that
power
demand
will
not
evaporate
entirely,
with
modest…
