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

For Lula and Brazil There’s No Salvation Outside the Left

The serious mistakes committed by the PT (Partido dos Trabalhadores – Workers Party), both ...

Brazzil Magazine covers

Astral Convergence

Rancharia is 1 of 49 special projects in the state of Bahia supporting 2,250 ...

Brazzil Magazine covers

After Husband and 3 Children Are Killed Brazil Female Chief Leads Re-occupation of Land

Guarani Indians in Mato Grosso do Sul state, Brazil, have carried out a courageous ...

Brazzil Magazine covers

LETTERS

For all its self-congratulatory slaps on the back, the Brazilian marketeering establishment is not ...

Brazzil Magazine covers

Brazil: Times Affair Fractures Lula Administration

Brazilian President Lula’s decision to expel the New York Times correspondent has cracked the ...

Brazzil Magazine covers

Brazil Adds Arabic and Cuts Salt to Sell Tuna to Iraq and Arab Market

Gomes da Costa, a Brazilian company, leader in the fishery market in Latin America, ...