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Angra 3 Nuclear Power Plant, Even Incomplete, Has Costs Over $10 Million Annually

Written by Valdemar Medeiros
Published on 08/09/2020 at 11:46
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Even Without Operating, Angra 3 Nuclear Power Plant Consumes US$ 10 Million Per Year Just on Equipment Maintenance

Accumulating just over 30 years idle, the Angra 3 nuclear power plant is already dragging a huge debt of R$ 9 billion, this only from public bank financing. To complete the nuclear plant, studies indicate an amount of 15 billion.

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Last month, a PwC audit analyzed the accounts of Eletronuclear, a state-owned company of the Eletrobras Group that owns the plant. The company warned that the critical situation of the construction has drained nearly all of Eletronuclear’s resources.

Even with Expenses, Eletrobras Plans to Inject an Additional R$ 3 Billion into Angra 3 Nuclear Power Plant

When questioned, Eletrobras claims that the investment is of utmost importance to attract new partners. The invested money will purchase new equipment for the plant, and in 2021 (the date set for the resumption of the plant’s construction), a second installment will be invested with the goal of restarting the works.

“We are eager to receive the funds this year in 2020. Our goal is to complete the plant by 2026,” says Guimarães.

Angra 3 Nuclear Power Plant Consumes US$ 10 Million Without Functioning

Annually, Eletronuclear spends approximately 10 million dollars to maintain the plant, so that the equipment doesn’t become outdated and remains in perfect condition until 2021 when the construction is resumed.

In total, the plant has been idle for over 36 years, during which more than US$ 360 million has been spent, which would currently amount to over 2 billion reais, that have been invested in a stopped plant.

To alleviate the situation, the president of Eletronuclear states that even though the Angra 3 nuclear plant purchased most of the equipment in the 1980s, nothing changes, as he claims there have been no changes in technological evolution regarding the type of machinery.

Valdemar Medeiros

Formado em Jornalismo e Marketing, é autor de mais de 20 mil artigos que já alcançaram milhões de leitores no Brasil e no exterior. Já escreveu para marcas e veículos como 99, Natura, O Boticário, CPG – Click Petróleo e Gás, Agência Raccon e outros. Especialista em Indústria Automotiva, Tecnologia, Carreiras (empregabilidade e cursos), Economia e outros temas. Contato e sugestões de pauta: valdemarmedeiros4@gmail.com. Não aceitamos currículos!

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