Brazil’s government is struggling to attract investors to restart construction on its Angra 3 nuclear plant, where work has been halted since 2015…The government continues to talk to potential investors, including Russian and Chinese companies, but remains far from a dea.
State-controlled Centrais Eletricas Brasileiras SA is building what would be Brazil’s third nuclear plant. Through its Eletronuclear unit, Eletrobras has already invested 5 billion reais ($1.56 billion) in the facility, which is two-thirds complete, and has contracted equipment from foreign and domestic suppliers. The company now needs 13 billion reais to finish the project, and the proposed price of electricity produced would need to increase, according to the sources….Eletronuclear said a new business plan for Angra 3 should be ready by June 2019, with an aim to complete the plant by 2025…Construction of Angra 3 halted in 2015 amid a financial crisis at Eletrobras and allegations of corruption in handing out contracts for the project. Work on the project had started in the 1980s but quickly stalled due to lack of resources before resuming in 2009.
Excerpts fromLuciano Costa, Rodrigo Viga Gaier, Brazil Struggles to Find Investors in on-again, off-again Nuclear Project, Reuters, Jan. 12, 2019
Eletrobras Eletronuclear has awarded a contract to Areva to complete the construction of the Angra 3 nuclear reactor, located in Rio de Janeiro, Brazil. Under the €1.25bn contract, the company will supply engineering services and components, as well as the digital instrumentation and control system for the reactor. Additional responsibilities include provision of assistance in the supervision of the installation works and the commissioning activities.
Areva president and CEO Luc Oursel said the contract continues the company’s partnership with Eletrobras that started with the construction and the supply of reactor services for the Angra 2 reactor. ”The completion of Angra 3 confirms Brazil’s engagement in an ambitious nuclear program and illustrates the relevance of this energy source as a solution for sustainable economic development,” Oursel added.
Initiated in 2006, the construction of the 1,405 MWe Angra 3 pressurized water reactor is expected to help the Brazilian government meet the country’s increasing energy demand, and balance the energy mix. Besides featuring the latest enhancements made to currently operational reactors, especially in terms of safety, the Angra 3 design also responds to the guidelines of the International Atomic Energy Agency (IAEA) and the Brazilian nuclear safety authority’s post-Fukushima standards. Connected to the grid in 1985 and 2001, the Angra 1 and Angra 2 reactors have an output of 640Mwe and 1,350MWe, respectively.
Areva to support third Angra 3 nuclear reactor construction, EBR Staff Write, Nov. 8, 2013