Raul Lycurgo, President of Eletronuclear, emphasizes the economic benefits of completing Angra 3, a nuclear power project that has faced numerous delays. The project promises to generate jobs, utilize existing investments, and provide competitive energy costs. Lycurgo argues that Angra 3 would serve as a catalyst for Brazil’s economic and social transformation, while a decision from the National Energy Policy Council has been postponed.
Raul Lycurgo, the President of Eletronuclear, outlined the potential economic benefits of completing the Angra 3 nuclear power plant, ahead of a National Energy Policy Council meeting assessing the project. Currently, Brazil operates two nuclear reactors, Angra 1 and Angra 2, contributing approximately 3% to the nation’s electricity. Originally proposed in 1984, Angra 3’s construction has faced numerous interruptions; the latest cessation occurred in April 2023 due to municipal disputes concerning environmental compensation agreements.
The Angra 3 project aims to utilize a Siemens/KWU 1405 MW pressurized water reactor, and its completion would provide power for 4.5 million residents. Eletronuclear reported that abandoning the project could result in costs comparable to its completion, around BRL 21 billion (USD 3.7 billion). Additionally, significant equipment and fuel investments from Angra 3 were previously allocated to Angra 2.
Lycurgo emphasized the broader implications of the project beyond energy generation. He stated that investment in nuclear energy has the potential to foster social development, create approximately 7,000 direct jobs, and tens of thousands of indirect positions, expanding benefits to regions beyond Angra dos Reis. He also referenced a study by the Getúlio Vargas Foundation, indicating that every dollar invested in nuclear energy yields two dollars in GDP.
The projected tariff for the completed Angra 3 plant is estimated at BRL 653.31 (USD 114) per megawatt-hour, which remains competitive compared to thermal power plants. Furthermore, nuclear energy represents a cleaner alternative, reducing reliance on fossil fuel plants and enhancing the stability of Brazil’s electrical system. Lycurgo stated, “Completing the project will be a milestone for Brazil’s development…” Meanwhile, the CNPE is deliberating on the project’s future, though a decision has been postponed until the next meeting.
In conclusion, the completion of the Angra 3 nuclear power plant is presented as a significant opportunity for economic and social benefits in Brazil. It promises job creation, improved energy costs, and a commitment to sustainable practices. As Brazil’s National Energy Policy Council considers this project, the potential advantages outlined by Eletronuclear’s leadership underscore the importance of a decisive outcome for the country’s energy landscape and economic advancements.
Original Source: www.world-nuclear-news.org
