Brazil Set To Approve This Year Plans For Four Nuclear Plants

Brazil Set To Approve This Year Plans For Four Nuclear Plants
dj
Παρ, 7 Ιανουαρίου 2011 - 19:12
Brazil will likely approve plans to build four new nuclear plants this year as well as defining rules for the renewal of operating licenses for hydroelectric plants that start expiring in 2015, the country's Mines and Energy Minister said Friday.
Brazil will likely approve plans to build four new nuclear plants this year as well as defining rules for the renewal of operating licenses for hydroelectric plants that start expiring in 2015, the country's Mines and Energy Minister said Friday.

Brazil plans to define locations for the four new nuclear plants this year, Minister Edson Lobao said in Brasilia , according to the ministry's press office. Two of the plants will be located in northeastern Brazil and the other two in the southeast region. Brazil currently operates two nuclear plants in the southeastern state of Rio de Janeiro state, and is already building a third in the same state.

The ministry hasn't defined yet the capacity of the new plants and the investment needed to complete them, the press office said.

The country's energy plan determined the need to build at least four nuclear plants by 2030, at an estimated cost of $10.3 billion. Nuclear power is the second-largest source of power in
Brazil after hydroelectric power.

The minister also said that a decision on hydroelectric license renewals needs to be defined this year to free up financing for the plants. Uncertainty about the new rules has driven away investors, discouraging companies from making needed investments in maintenance of the plants, he said.

Current laws say that the licenses that begin expiring in 2015 will revert to the government, necessitating a new auction. The ministry, however, will most likely favor an automatic renewal of those concessions, but hasn't determined what it will demand in return from those companies--such as lower rates for customers.

Nonetheless, the decision to change the law isn't up to the ministry alone, and proposals will be handed over to President Dilma Rousseff to make a final decision, the press office said.

Διαβάστε ακόμα