Brazil and Uruguay to Interconnect Their Electric Systems

The governments of Brazil and Uruguay signed a memorandum of understanding yesterday, July 5, to conduct studies that will enable the two countries to interconnect their electric systems.

This represents the first practical step towards realizing commitments assumed in the sphere of the Mercosur to integrate South American energy systems.

The document was signed at Petrobras headquarters in Rio de Janeiro by the Brazilian Minister of Mines and Energy, Silas Rondeau, and the Uruguayan Minister, Jorge Lepra.

Rondeau believes that, besides its strategic importance for the integration of electric systems in the Mercosur, the memorandum bolsters the credibility of the Uruguayan Electric System.

"The agreement is very important insofar as it addresses the Uruguayan concern over improving its energy security by providing an option in case of energy supply fluctuations in the country."

The memorandum provides for the creation of a work group composed of three representatives from each of the four countries that form the Mercosur. The group will have 60 days in which to submit the results of their studies.

The document follows up on the understandings defined in the Landmark Agreement on Regional Energy Complementation among the Mercosur Party States and the Associated States.

One of the proposals that will be analyzed by the study is the construction of a large-scale, 500-kilowatt power line for electricity exchanges.

The line will extend for 400 kilometers and have the capacity to transmit up to a thousand megawatts. Construction costs are estimated at US$ 150 million, which will be paid for by the Uruguayan government.

ABr

Tags:

You May Also Like

Brazilian Chicken Exports Grow 20%

Brazilian chicken exports amounted to 231,871 tons in March, for revenues of US$ 256.8 ...

Brazilian Trade Relations with Arabs Keep on Growing

Trade relations between Brazilians and Arabs are entering a new and important phase: investment. ...

Why Is IMF Director in Brazil?

The new Managing Director of the International Monetary Fund (IMF), Rodrigo Rato, arrived today ...

An American passport

Brazil, Drop the Visa Requirement and Let the Gringos In!

According to official Central Bank numbers released by Embratur, Brazil’s tourism authority, in January ...

The Ball Game

CDs or Books by Keyword, Title or Author By John Miller Bus adventures continued ...

Russia’s Sale of Air Defense System to Brazil Complicates Any US Fighter Deal

According to a report on the Sunday edition of daily Correio Braziliense, the possible ...

FIFA Mad at Brazil For Asking Too Much and Giving Too Little to the 2014 World Cup

Five-time world champion Brazil, according to International Federation of Football Association (FIFA) has been ...

Bank of Brazil Buys Argentinean Bank, Next Might Be an American One

Banco do Brasil, Latin America’s largest bank, a Brazilian state-controlled financial institution, will pay ...

A Brazilian in Berkeley Creates Painless Hypodermic Needle

It wasn’t Brazilian Márcio Von Muhlen’s choice to come to the United States initially, but ...

Brazil’s Petrobras Buys Termocearí¡ Electric Plant

MDU Resources Group, Inc. announced today that its Brazilian partnership with EBX Capital Partners, ...