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Govt. creates workgroup to study Angra III feasibility

Bnamericas Published: Thursday, May 20, 2004
Brazil's government has established a work group to appraise the economic, social and environmental feasibility of the country's third nuclear reactor, Angra III, federally owned nuclear power company Eletronuclear said in a statement. The group is made up of appointees by various ministries and should prepare a report by November. The group will be coordinated by José Costa of the mines and energy ministry and will include representatives of the planning, the environmental and the science and technology ministry. Eletronuclear is a wholly-owned unit of federal power holding company Eletrobrás, and runs the country's 657MW Angra I and 1,350MW Angra II nuclear generators. The construction of the 1,350MW Angra III was originally contracted in the 1970s, but lack of resources led the federal government to abandon construction in 1986 at the initial stage. In 2001, the government restarted construction, but political and environmental questions led to the stoppage and the decision to appraise further the possibility of concluding the reactor. Eletrobrás officials have said that so far the company has spent about US$700mn on Angra III and it would need to invest another US$1.500bn to conclude the plant. There is no consensus on the project: strong resistance comes mostly form environmental groups, while Rio de Janeiro state officials last year said they favored the conclusion of the generator. Brazil has total installed capacity of about 87,000MW. The country also has one of the world's largest uranium reserves.

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