IBOV 167,830.27 ▲ 0.90% IPSA 11,241.32 ▲ 0.49% IPC MEX 64,193.66 ▲ 0.41% MERVAL 2,874,493 ▼ 0.59% COLCAP 2,453.87 ▼ 0.30% BVL PERÚ 57,612.45 ▲ 1.33% USD/BRL5.18▲ 0.08% USD/MXN16.96▲ 0.08% USD/CLP920.75▼ 0.73% USD/COP3,050▼ 1.81% USD/PEN3.35▼ 0.60% USD/ARS1,497▲ 0.13% USD/UYU40.32▲ 1.93% USD/PYG5,992▲ 1.35% USD/BOB11.46▲ 0.14% USD/DOP58.25▲ 0.33% USD/CRC444.65▲ 1.72% USD/GTQ7.62▲ 2.21% USD/HNL26.81▲ 1.62% USD/NIO36.62▲ 0.69% USD/VES775.47▲ 0.14% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.68▲ 0.55% EUR/BRL6.05▲ 0.34% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 167,830.27 ▲ 0.90% IPSA 11,241.32 ▲ 0.49% IPC MEX 64,193.66 ▲ 0.41% MERVAL 2,874,493 ▼ 0.59% COLCAP 2,453.87 ▼ 0.30% BVL PERÚ 57,612.45 ▲ 1.33% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Thursday, August 20, 2026

Angra Nuclear Plans Restarted in Brazil

By · February 12, 2013 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

By Ben Tavener, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – The Brazilian government has restarted discussions about the installation of new nuclear reactors in the country to help relieve the nation’s strained energy supplies. Also Brazil is examining the idea of allowing private companies to help finance the new plans, as has happened with other public infrastructure contracts.

Angra 3 Nuclear Reactor, photo by MinPlanPAC/Flickr Creative Commons License.
After many delays, Angra III Nuclear Reactor in Rio state is set to go online in 2016, photo by MinPlanPAC/Flickr Creative Commons License.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

The 2007 National Energy Plan had suggested the building of four new nuclear plants, but these plans were shelved following the disaster at Japan’s Fukushima nuclear plants in 2011.

The government now appears to be convinced that the currently energy mix, highly reliant on hydroelectric plants, will not satisfy growing national power demand.

“There is an understanding that a private initiative could take part in some stages of the Brazilian Nuclear Program. Nuclear energy is an alternative that has to be considered,” a source at the Energy Ministry told O Globo newspaper.

The source said the government’s previous experience of a 49 percent public – 51 percent private ratio, employed over the past few years for power station and network construction, had been deemed successful.

Private-investor work in the nuclear sector would, however, require a change in the constitution as nuclear fuel exploration, production and exportation are all controlled by state-owned Eletronuclear, a subsidiary of Eletrobrás. The government has now allegedly signaled its readiness to involve the private sector in limited stages of the nuclear program, such as fuel production and recycling.

Brazil currently has two working nuclear reactors, Angra I and II, in the country’s only nuclear power plant in Angra dos Reis, Rio state, which together account for just three percent of Brazil’s energy mix. Construction of a third reactor, Angra III, which should more than double the site’s output, was finally approved in May 2010, after considerable delays, then halted following the Fukushima incident in Japan.

Greenpeace protests against Angra III and nuclear power in Brazil in front of the Planalto in Brasília, Brazil News
Greenpeace protests against Angra III and nuclear power in Brazil in front of the Planalto in Brasília, photo by Antonio Cruz/ABr.

In Brazil the pressing question of how Brazil will meet future energy demand is firmly at the forefront of politicians’ minds, particularly after recent power failures. Angra III should be operational by mid-2016, and it also been reported that four more reactors could come online in the 2020s.

A new National Energy Plan is set to be published this year, covering the period to 2050, by which time predictions suggest demand for power in Brazil could have easily tripled or quadrupled.

Low rainfall over the past two years has highlighted the downfalls of depending so heavily on hydroelectric power stations; in addition, environmentalists do not approve of plans for new Amazon-based plants. Public opinion appears to be skewing in favor of a more balanced energy mix which make use of all available options – including wind and biomass energy production.

Environmental campaigners at Greenpeace say, despite the greater need for electricity in Brazil, they remain passionately against nuclear power and condemns any plans by the government to increase the country’s use of it: “Brazil must meet future energy needs using a mix of available sources – excluding nuclear, coal [and petroleum products],” said Ricardo Baitelo, Energy Coordinator at Greenpeace, which argues only lobbyists’ voices being heard on the subject.

Thermal power stations – powered by coal, natural gas or nuclear fuel – are likely to plug the energy gap, and the government admits no option is perfect. Brazil has the world’s six biggest reserves of uranium and advocates of nuclear power say the technology has never been safer. Over eighty percent of Brazil’s power comes from hydroelectric power stations, 8.5 percent from gas, coal and oil, four percent from biomass sources, and just three percent from nuclear.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.