Federal Government seeks to recompose around BRL 1,3 billion in the budget for works for the Angra 3 nuclear power plant project

The Federal Government intends to reassess ENBPar's budget for the Angra 3 works project. The objective is to advance in the development of the nuclear power plant, boosting the Brazilian naval sector.

The current budget of the state-owned Empresa Brasileira de Participações em Energia Nuclear e Binacional SA (ENBPar) for Angra 3 may be reassessed by the Federal Government, with a recomposition of R$ 1,3 billion. For this Tuesday, (09/05), the Minister of Management and Innovation in Public Services, Esther Dweck, intends to reassess the amount allocated to the works of the plant project nuclear, aiming to accelerate the development of the asset. Discussions with Eletronuclear about what will be done this year are already underway, as Esther highlighted.

Minister of Management and Innovation highlights discussions with Eletronuclear to recompose the budget of the Angra 3 nuclear power plant project

The Federal Government is studying to recompose ENBPar's budget by approximately R$ 1,3 billion.

The measure considers going ahead with the work on the Angra 3 nuclear power plant, in Angra dos Reis (RJ), which will be the largest nuclear power plant in the country, with an installed capacity of 1.405 MW.

The Minister of Management and Innovation in Public Services, Esther Dweck, said that the exact amount of the budget recomposition has not yet been defined.

Furthermore, she pointed out that ENBPar is in talks with the Ministry of Mines and Energy and with Eletronuclear itself to discuss the expansion of resources.

Work on Angra 3 was paralyzed in 2015 due to corruption cases uncovered by Operation Lava Jato, resulting in only 65% ​​of the project being completed since then.

With the recomposition of the budget, the Federal Government hopes to resume the construction of the plant and boost the generation of nuclear energy in the country.

Minister Esther Dweck highlighted the importance of the project for the Brazilian nuclear sector and stated that measures are under discussion to guarantee the legal security of the enterprise.

During a nuclear sector event in Rio, the minister informed that possibilities for action this year are under discussion with Eletronuclear, including an assessment of the estimated value of these initiatives.

Ministry of Mines and Energy of the Federal Government projects an additional R$ 20 billion needed for the conclusion of the works of the Angra 3 nuclear power plant

The future of energy in Brazil came to the fore this week with the news about the need for more resources to complete the Angra 3 nuclear power plant.

According to Gentil Nogueira de Sá Junior, Secretary of Electric Energy at the Ministry of Mines and Energy (MME), completing the plant will require an additional R$ 20 billion, adding to the approximately R$ 7,8 billion already invested in the project.

During his participation in the Mines and Energy Commission (CME) of the Chamber of Deputies, Nogueira explained that the lack of additional resources is delaying the Angra 3 Critical Path Acceleration Plan.

The goal is to have the values ​​needed to continue the project until September of next year. However, the high construction costs of the Angra 3 nuclear power plant raise concerns about low tariffs.

According to the National Bank for Economic and Social Development (BNDES), the average energy tariff for the plant would be R$ 726 per MWh in the first 16 years of operation, while the tariff for Angra 1 and 2 is approximately R$ 350 /MWh.

Thus, the future of the nuclear power plant works project remains uncertain, but the Federal Government is discussing with Eletronuclear the resumption of Angra 3 as soon as possible, aiming to boost the Brazilian nuclear sector.