Brazil - Brazzil Mag - Brazil Needs to Invest US$ 88 Billion in Energy Sector to Keep Growing
Advertisement
  Home arrow News arrow July 2007 arrow Brazil Needs to Invest US$ 88 Billion in Energy Sector to Keep Growing Sunday, 07 September 2008 
Main Menu
Home
News
Back Issues
Advertising
Contact Us
Brazil Forum
Magazine
Brazzil Classic
Yellow Pages
Classifieds
Images
BrazzilMag Newsfeed
Custom Search
Amazon Body Care


Car Loan | Direct TV | Bad Credit Mortgages | Blind SQL Injection | Hosting
-------------
Brazil /Organic personal skin care wholesale / Brazil
--------------
Who's Online
We have 29 guests online
Latest News
Statistics
Members: 399
News: 9863
Web Links: 0
User Menu
Your Details
Submit News
Check-In My Items
My Comments
Login Form





Lost Password?
No account yet? Register
Related Items
Contribution
Have you got news?

Do you have news, comment or story on Brazil you want to share with Brazzil? Just send it our way to brazzil@brazzil.com.

 

Brazil Needs to Invest US$ 88 Billion in Energy Sector to Keep Growing PDF Print E-mail
Written by Nielmar de Oliveira   
Friday, 06 July 2007

Hydroelectric plant in Rio Grande do Sul, Brazil The Brazilian Ten-Year Plan (2007/2017) announced this week by the EPE (Energy Research Company), a branch of the Brazilian Ministry of Mines and Energy, foresees the need to build seven new hydroelectric plants in Brazil, assuming a 4.9% yearly growth for the Brazilian economy from now until 20016.

The plan anticipates that hydric energy will be reduced from 84% to 76% in the Brazilian energy matrix. To make up for it the participation of energy originating from thermoelectric sources will raise, during the period, from 16% to 24%.

The viability studies conducted by the EPE have mapped the location of the seven new plants. Five should be built in the Teles Pires river, in Mato Grosso state while the other are planned for the Apiacás river, also in Mato Grosso, and the Tocantins river, in the border between the states of Pará and Maranhão.

The Ten-Year Plan forecasts that Brazil will need to invest, during the period, 167.5 billion Brazilian reais (US$ 87.7 billion) in power generation and transmission, in order to live up to the economic growth.

Out of that total amount, power generation projects should absorb 133.6 billion reais (US$ 69.9 billion), and power transmission projects - including the construction of power lines and sub-stations - 33.9 billion reais (US$ 17.7 billion).

If projects aimed at the oil, natural gas, and biofuels segments are taken into account, the Plan estimates that total investment in the power sector should reach 573.2 billion reais (US$ 300 billion). The survey outlines two possible scenarios regarding the demand for electric power, considering the possibilities of annual economic growth rates at 4.2% and 4.9%.

The forecasts announced by the president at the EPE, Maurício Tolmasquim, indicate that during the next ten years the Brazilian population should increase by 32 million people, reaching 212 million.

During the period, he explained, using more advanced conservation techniques, Brazil should save approximately 15,600 megawatts (MW) of power - the equivalent of the entire forecasted power generation at the Santo Antônio plant, one of the two hydroelectric units to be built on the Madeira River, in the northern Brazilian state of Rondônia.

With regard to power consumption until 2017, the forecasted growth is 5.5%. The country's installed power capacity should leap from the current 92,400 MW of power, to 143,080 MW. These forecasts consider an economic growth scenario of 4.9%.

ABr

Hits: 1499
Comments (3)Add Comment
Brazil Needs to Invest US$ 88 Billion in Energy Sector to Keep Growing
written by Paulo Cunha, 2007-07-07 00:05:50
What is US$88 Billions for us? Nothing.If necessary, we will invite Icelanders or the Swiss to chip in.
ATC
written by doggydaddy, 2007-07-07 00:19:24
Paulo. no one is going to "chip in". Borrow the money yes! If Brazil does not have the money or foresight to fix the ATC syatem now then how do you think the country will get the money in the future? Not bloody likely Mate!
...
written by Paulo Cunha, 2007-07-07 00:58:59
Paulo. no one is going to "chip in"


You mean to say that we are totally abandoned by the international community? So why is the government coming out with all sort of promises about foreign investments, BOVESPA,etc;?. Thinking well, you are right. No one is going to chip in.Thanks for reminding me.

Write comment
quote
bold
italicize
underline
strike
url
image
quote
quote
smile
wink
laugh
grin
angry
sad
shocked
cool
tongue
kiss
cry
smaller | bigger

busy




Reddit!Del.icio.us!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Add this social bookmarking functionality to your website! title=
 
< Prev   Next >




Cheap travel to Brazil!