[pipio21]

The complete history is that we had a drought in the Iberian Peninsula that made electricity cost skyrocket last year.

Now last two months we had an abnormal rain season with lots of snow and rain, so dams and water reservoirs are getting more water, and rivers Tagus and Duero-Douro could carry more water to Portugal as the dams upstream are getting full, like it should for this time of the year.

The complete history is that in the Iberian Peninsula there are three months with almost no rain: June-July and August because of the Azores high and you can not depend on hydro generation there.

[icebraining]

Hydro generation can happen even without rain, that's what reservoirs are for. The problem is if this drought extends beyond that, as it did last year.