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

Stronger Ties

"This is an exhilarating time in the Brazil-U.S. relationship: a time of change, a ...

Brazil Is the World’s Top Provider of Public Transplant. Still There Are 63,000 in Line.

Brazilian Health Minister, launched Brazil’s National Organ and Tissue Donation Campaign, Friday, September 23, ...

Brazil Opens 1000th Computer Center

The Bank of Brazil’s (BB) Digital Inclusion Program attained the mark of 1000 community ...

End of Subsidies Will Pull 500,000 Out of Poverty, Says Brazil’s Lula at Sorbonne

On the first day of his visit to France, Brazilian President Luiz Inácio Lula ...

Morocco Becomes Brazil’s Main Sardine Supplier

Morocco is taking over the Venezuelan position as a supplier of sardines to Brazil. ...

Brazil’s Lula Wants UN to Help Immigrants Send Money Back Home

After participating in the opening ceremony of a United Nations (UN) Security Council meeting, ...

Tired of Being Emerging Power Brazil Will Go Over the Speed Limit, Vows Lula

Re-elected Brazilian President Luiz Inácio Lula da Silva announced his second term will be ...

Brazil Accused of Stealing Nuclear Technology

Brazilian authorities argue that it is all rumor and innuendo without any basis in ...

RAPIDINHAS

Why insist on playing with fire, which is precisely what this government and its ...

Brazil Has Over 2000 Former Slaves Communities Barely Surviving

The legalization of land occupied by "quilombola" communities [communities comprising the offspring of runaway ...