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Lula may announce the triumphant return of the Angra 3 works after more than 40 YEARS of paralysis

Written by Alisson Ficher
Published 10/12/2024 às 11:05
Angra 3 has already cost R$12 billion and still needs another R$23 billion to be completed. Is it worth continuing with the controversial project? (Image: reproduction/ IA)
Angra 3 has already cost R$12 billion and still needs another R$23 billion to be completed. Is it worth continuing with the controversial project? (Image: reproduction/ IA)

After decades of standstill and scandals, the resumption of Angra 3 promises to make a mark on the Brazilian nuclear sector. Lula is leading the effort that could transform the country's energy scenario. Will the billion-dollar investment be worth it?

The Brazilian nuclear sector may be about to experience a historic moment.

After more than four decades of interruptions, scandals and uncertainties, the completion of the Angra 3 Nuclear Power Plant finally appears to be gaining new momentum. But what is behind this monumental work?

Between billion-dollar figures and political articulations, the announcement expected this Tuesday (10) promises to reignite the debate on the importance of nuclear energy in the country.

According to information obtained by the sector, the president Luiz Inácio Lula da Silva must formalize the resumption of works on Angra 3, a project that began in 1981 and faced successive stoppages.

According to Petronotícias website, sources close to the government indicate that the announcement will be made after the meeting of the National Energy Policy Council (CNPE).

This decision is the result of months of negotiations that involved not only Lula, but also Minister Rui Costa (Civil House), Alexandre Silveira (Mines and Energy) and the mayor of Rio de Janeiro, Eduardo Paes.

A project marked by stoppages and corruption

The construction of Angra 3 has a troubled history. Since it began more than 40 years ago, the plant has suffered from high costs, lack of planning and allegations of corruption.

One of the most critical episodes came to light during Operation Lava Jato, which revealed a scheme involving companies, businesspeople and politicians linked to the project.

Until now, The work consumed around R$8 billion and reached a physical progress of 65%. However, to be completed, an additional investment of approximately R$20 billion will be necessary.

This amount will be largely covered by consumers, through the energy sales tariff.

Is Angra 3 tariff viable?

The National Bank for Economic and Social Development (BNDES) prepared a study in September proposing a commercialization tariff of R$653,31 per megawatt-hour (MWh) for the plant.

According to Eletronuclear, this value is lower than the operating cost of other thermal plants, measured by Unit Variable Costs (CVU).

The tariff was presented to the Ministry of Mines and Energy, Eletronuclear and the CNPE, which should approve the proposal at the meeting this Tuesday.

According to the president of Eletronuclear, Raul Lycurgo, The next step will be to hold an international tender to select the consortium responsible for completing the work.

This process is expected to take place in the first half of 2025, with the contract signing scheduled for the second half of the same year. The plant is expected to be delivered in early 2031.

Nuclear energy in Brazil: necessity or risky bet?

The reactivation of Angra 3 reignites the debate about the role of nuclear energy in a country with vast hydroelectric resources and a growing renewable energy sector.

According to Minister Alexandre Silveira, “in a continental country like Brazil, there is no clean and renewable energy without this energy source”.

The statement reflects the efforts of the government to diversify the energy matrix, even in the face of criticism and doubts about the costs and environmental impacts of this type of project.

The decision to resume Angra 3 represents a bold bet in a sector that, although strategic, still faces resistance from various segments of society.

Is Brazil ready to take on the financial and operational challenges of this endeavor? In any case, it is clear that the resumption of Angra 3 symbolizes both a milestone and a challenge for the Brazilian energy sector.

The promise of large-scale nuclear power generation brings with it a high cost, which will be felt by consumers over the coming decades.

As the government prepares to give the green light to the project, many still wonder whether the benefits will outweigh the costs.

And you, do you believe that Brazil should continue investing in nuclear energy, even with the high costs and controversies involved?

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Alisson Ficher

Journalist graduated in 2017 and working in the field since 2015, with six years of experience in print magazines and over 12 thousand online publications. Specialist in politics, jobs, economics, courses, among other topics. If you have any questions, want to report an error or suggest a topic on the topics covered on the site, please contact us by email: alisson.hficher@outlook.com. We do not accept resumes!

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