Brazil Starts Exporting Energy to Argentina by 2022

Written by Roberta Souza

Published on 30/07/2020 at 16:28

O Brasil começou a exportar energia para seu país vizinho, a Argentina. O contrato entre os dois países vai ate dezembro de 2022

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Brazil Started Exporting Electricity to Its Neighboring Country, Argentina. The Contract Between the Two Countries Goes Until December 2022

Brazil began exporting electricity to Argentina through Tradener this weekend starting at midnight on Saturday. According to Regulation No. 272/2020, national traders were authorized by the Ministry of Mines and Energy on July 9. The entire operation process is generated by the North Fluminense thermal power plants of Engie. The contract was signed directly with the Electric Wholesale Market Administrator Company S.A. (Cammesa), which is represented in Brazil by Tradener.

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All exports to Argentina are carried out through the national transformation plants Garabi I and II, which generate up to 2200 MW.

Walfrido Avila, president of Tradener, said, “This is equivalent to one and a half times the power of a machine from the Binational Itaipu. It is a complex, large-scale operation that demonstrates the efforts of Tradener and the thermal generators bringing more foreign currency to Brazil.”

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The president also commented that the action was carried out with the participation of Banco Itaú and Junto Seguradora (of the Paraná Banco Group), which ensured the action system with full support from CCEE (Electricity Trading Chamber) and ONS (National Electricity Operator), which were fully involved in the process to direct and coordinate all operations.

Traders have a valid authorization to export interruptible electricity to Argentina: until December 31, 2022, exports must not cause an increase in the cost of Brazil’s electricity sector, therefore they must be inspected by the National Electricity Agency.

Brazil Starts Exporting Energy to Argentina by 2022

Brazil Started Exporting Electricity to Its Neighboring Country, Argentina. The Contract Between the Two Countries Goes Until December 2022

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