Brazil to Spend US$ 60 Billion in Ten-Year Energy Plan

A Ten-Year Plan for the Electricity Sector, which has just been released by the Brazilian Ministry of Mines and Energy, calls for investments in Brazil of 125 billion reais (almost US$ 60 billion) between now and 2015.

The report says that 40 billion reais (almost US$ 20 billion) will be needed just for new transmission lines.

Today Brazilian electricity consumption is around 47 gigawatts. The plan says that in 2015 it should be 76 gigawatts.

The ministry says it is estimating consumption increases of around 5.2% per year during the ten- year period and taking into consideration the fact that there will be changes in its consumer profile: industrial consumption will drop from 47% of total consumption today to 43% in 2015; however, commercial use will rise from 15% to 18%, and residential use will go from 24% to 25%..

The plan calls for the complete integration of the country’s electricity grids by 2015. Today the states of Acre and Rondônia are not connected.

The ministry also says that the share of electricity generated by nuclear power plants will rise from 2.4% today to 3.68% by the year 2023 when Angra 3 becomes operational.

The plan is available for public consultations at www.mme.gov.br

ABr

Tags:

  • Show Comments (1)

  • Guest

    right
    I bet a good amount of that money is gonna go to the pockets of the politicians.

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Exchange Students Leave Close to US$ 300 Million in Brazil Every Year

Brazil receives about 60,000 foreign students per year, according to information from a research ...

Brazil to Spend US$ 1.7 Billion to Help Over 1 Million in Rio’s Slums

The Brazilian government will spend US$ 1.7 billion to bring running water and other ...

Brazilian Food: A World Beyond Churrasco

When folks think of Brazilian food, most probably they picture slabs of beef, chicken ...

Robin Sparks in Brazil

I’m Having Fun Trying to Be a Brazilian

I’d been to every country on my list except for one, Brazil. The Brazil ...

Brazilian Government Builds Condom Factory and Gives Away 1 Billion Rubbers

The Brazilian government will distribute approximately 1 billion free condoms to the population, in ...

Without a Plan No President Can Rescue Brazil, Says Landless Leader

João Pedro Stédile is an economist and a national leader of Brazil’s Landless Workers ...

25% of Brazilian Indian Group in Amazon Have Malaria and Hepatitis

The Indigenous Council of the Vale do Javari Land (Civaja) drew attention to the ...

Only the Best

In a display of excellent shape the Brazilian Chamber of Books has announced its ...

Red Light for Interests in US Gives Green Light to Brazilian Bulls

Latin American stocks were mixed to higher, with Brazilian shares gaining, as sluggish U.S. ...

American Pilots Get Back Their Wings in Brazil and Fly to the US

American pilots Joe Lepore and Jan Paladino have left Brazil about 4:30 pm, today, ...