According to the cited documentsEnergy and water
Coal / Hydro / Bunker fuel
29% / 24.2% / 15.2%
May 2025AMMSeasonality is strong and is best modeed as an operating risk. In May 2025, at the close of the dry season, coal supplied 29% of generation, hydro 24.2% and bunker fuel 15.2%; in October 2025, in the middle of the rainy season, hydro reached 66.3% (766.22 GWh). It is the thermal mix of the dry months that pushes the spot price up, as it did in 2024.
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- Hydro66.3%766.22 GWhOct 2025AMM
