Brazil's power supply secure, despite project delays

BRASILIA, Brazil 4/13/12 (PennWell) -- Recent delays on key hydroelectric projects will not threaten Brazil's power supply, the government's federal mining and energy ministry (MME) says.

Brazil's 10-year energy plan says the country must add 70 GW of power to its national grid by 2020, although officials say 65% of that total has already been contracted.

"The situation is comfortable," says MME planning and development secretary Altino Ventura. "There is no reason to be anxious. We are convinced that the energy demands of Brazil will be safely met."

Ventura says a time surplus has always been part of the plan, meaning interruptions at the 3,750-MW Jirau, 11,200-MW Belo Monte, 1,800-MW Teles Pires and 3,150-MW Santo Antonio hydropower plants shouldn't cause supply problems.



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs