Brazil needs to invest $ 40 bn in electric energy over the next 10 years

Aug 08, 2006 02:00 AM

The government of Brazil needs to invest $ 40 bn over the next 10 years to guarantee the generation of electric energy.
The consumption should present growth of 5 % a year.

This estimate is by the National Energy Planning and Development secretary at the Ministry of Mines and Energy, Marcio Zimmermann. He was participating in the seminar “Thinking about Brazil and Building the Nation's Future”.
The event, promoted by the Federal Council of Engineering, Architecture and Agronomy (Confea), brings together professionals from the areas of engineering, architecture, agronomy and geology from the states of north-eastern Brazil.

On addressing the audience, Zimmermann pointed out that among the main challenges to answer the society's energy demand are the search for new power sources, like biomass, coal, gas-powered thermoelectric power plants and wind energy. According to him, there are many projects to build new hydroelectric energy plants.
"They demand great investment and take five years to be build, but they use free fuel, which is water, and last 100 years, whereas other sources have a life expectancy of 35 years and high fuel costs. It would be ideal to have both a thermal source and a hydroelectric source," he pointed out.

The secretary also stated that 70 % of the electric energy generation capacity in Brazil comes from hydroelectric dams, and 30 % comes from thermoelectric production.
According to him, the government of Brazil rigorously follows the forecastability standard to avoid an energy deficit, which offers security with regard to the supply capacity.

Those participating in the meeting in Recife are going to elaborate a document showing proposals to be presented, this month, to the candidates running for the presidency of Brazil. They want to show alternatives to improve the development of the country in the economic and social areas.
Similar events have already taken place in the North, Southeast and Midwest of the country.

Source: Agencia Brasil
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