Just for the completion of works at the Angra 3 Plant, an estimated value of around US$ 3,8 billion is needed, with expectations to start operating by 2026.

By the end of the year, the Brazilian government is expected to announce a daring plan to expand the country's nuclear park in partnership with the private sector as a way of making the conclusion of the Angra 3 Plant feasible and guaranteeing a steady supply of energy from the Southeast and Northeast, where new plants will be installed. Speaking of nuclear power plants, the first nuclear power plant floating, started its first trip last week to the Arctic.

49% of the Angra 3 assets must be auctioned by the federal government for the completion of the works, with the objective of expanding the nuclear park in the national territory, which can generate eight more plants across the country, in the Southeast and Northeast regions.

Stakeholders: Rosatom (Russia); China National Nuclear Corporation (China) and EDF (France) and Westinghouse (USA)

The group that has the greatest financing capacity to pay for the billion-dollar works will win. The Chinese are the most interested and take advantage of having a high financing capacity.

In the recent visit to China made by the Minister of Mines and Energy Bento Albuquerque, the Chinese reaffirmed their interest not only in Angra 3 but also in the other plants that should be built by 2050.

The Chinese were also interested in the exploration and enrichment of uranium, due to the fact that Brazil has the 6th largest reserve in the world and explored only a third of its deposits.

Just for the conclusion of the work on Angra 3, an estimated value of around US$ 3,8 billion is needed, with expectations for it to start operating by 2026. All expenses will be the responsibility of the private company that wins the auction and will have 49% stake in the plant. The remaining 51% will be under Union control.

According to information, the government is also studying the possibility of carrying out something called a “combination of plants”, which is to assign one more plant to whoever is the buyer of Angra 3.

Currently, Brazil has two plants in operation (Angra 1 and 2), which represent 1,1% of energy generation in the country.

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Check out how a nuclear power plant works below!