Brazil Fears no Blackouts or Brownouts At Least Up to 2010

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

Brazil’s Child Labor: a Tradition Passed from Generation to Generation

“To force a child to work is to steal the future of that child.” ...

Brazil Reaches Out to Companies to End Slave Labor

To eliminate workers exploitation is the objective of the National Pact for the Eradication ...

Brazil Shows Polarization Between Lula and Cardoso Parties

Brazilian historian, Robson Arrais, believes that the results of the just-finished Brazil’s 2004 elections signal ...

Brazil’s Decoration Fabric Firm Wants to Double Exports

Fabrics produced in Brazil are covering furniture at homes in Saudi Arabia. A company ...

Brazil and Uruguay to Interconnect Their Electric Systems

The governments of Brazil and Uruguay signed a memorandum of understanding yesterday, July 5, ...

Brazil and South America Lead Planet’s Deforestation

Each year about 13 million hectares of the world’s forests are lost due to ...

IMF Chief Hopefuls Go to Brazil in a Seduction Mission

Christine Lagarde and Agustin Carstens, the two leading candidates for the position of IMF ...

Land Conflicts Up in Brazil

Last year, 39 people were murdered in land-related conflicts in all Brazilian territory. Although ...

Sugar and Blood

The French and Dutch nearly went to war over a border dispute in South ...

New Chile President Blasts Castros and Chavez But Will Soon Visit Brazil

Chilean president-elect Sebastian Piñera has already announced that Brazil and Argentina will the first ...