Brazil Fears no Blackouts or Brownouts At Least Up to 2010

Brazzil Magazine covers

Brazil does not face the risk of running short of electric power, either for industry or residential use, before 2010. This assurance was made by MaurÀ­cio Tolmasquim, president of the Energy Research Enterprise in the Ministry of Mines and Energy.

At the headquarters of the São Francisco Hydroelectric Company (CHESF), in the northeastern capital of Recife, last week, he presented the electricity sector’s ten-year expansion plan, announced in Brasí­lia last month by the federal government. According to Tolmasquim, the country is currently in an untroubled situation when it comes to the security of energy supplies.

"Through 2010 all the energy necessary to meet the demands of the distributors has already been contracted from the power plants. This places the country in a comfortable position, since there is not even a minor threat of rationing," he declared.

Tolmasquim claims that the risk of an energy deficit in the next four years is less than 3%. He said that an auction will be held later this year to contract energy for 2011.

He added that the energy sector’s ten-year expansion plan foresees investments on the order of US$ 18.9 billion in the country’s energy systems through 2015.

Agência Brasil

Tags:

You May Also Like

Brazzil Magazine covers

Brazil Blasts US and UN Security Council for Making All Decisions for World

Brazil’s Foreign minister, Celso Amorim, in rebutting criticism of Brazil and Turkey for the ...

Brazzil Magazine covers

Foot and Mouth Disease Crosses into Another State in Brazil

Brazil’s Agriculture Ministry confirmed this week another outbreak of foot and mouth disease, two ...

Brazzil Magazine covers

Sorry, That’s War

Katia Lund, co-director of City of God, sounds out: "Damn, I am talking about ...

Brazzil Magazine covers

Companies in Brazil Double Profits

Brazil's corporations from 21 different business sectors doubled their profits in the five years ...

Brazzil Magazine covers

Far Too Many in Brazil Remain in Poverty

It is a great pleasure for me to be here on this special occasion ...

Brazzil Magazine covers

Brazil Offers Farmers Low-Interest Loans to Fight Soybean Rust

The Bank of Brazil (BB) opened an emergency credit line of US$ 85 million ...