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

Rubem Fonseca’s Coraçôes Solitários – In Portuguese

I cite the classics only to show my knowledge. Since I started as a ...

Brazzil Magazine covers

Damn, Brazil Won!

For its own sake Brazil should have lost. Bringing the World Cup home will ...

Brazzil Magazine covers

Brazilian’s Life-Long Love for Bikes Make Him World Adventurer

The starting point was Tizinisli, a small village with just 500 inhabitants some 400 ...

Brazzil Magazine covers

RAPIDINHAS

Meat Place By Brazzil Magazine Keyword search Books Music Full search: Books or Music ...

Brazzil Magazine covers

Head of Inquiry on Brazil’s Kickback Scandal Vows There Will Be No Whitewashing

In the two weeks since it was installed, Brazil’s Parliamentary Investigative Commission (CPI) that ...

Brazzil Magazine covers

It’s Up to Investors to Avoid Bubble in Bullish Brazilian Market

In an interview in London with Bloomberg Television, Brazil's Central Bank president admitted that ...