Raul Lycurgo, president of Eletronuclear, articulated the extensive economic benefits of the Angra 3 nuclear project ahead of a National Energy Policy Council meeting. With current electricity generation at about 3%, Angra 3 aims to amplify Brazil’s capabilities and maintain sustainable energy production. However, delays and financial considerations continue to challenge final decisions regarding the project.
The president of Eletronuclear, Raul Lycurgo, emphasized the significant advantages of advancing the Angra 3 nuclear power project for Brazil’s economy prior to an upcoming National Energy Policy Council meeting. Currently, Brazil operates two reactors, Angra 1 and Angra 2, contributing approximately 3% to the national electricity supply. The construction of Angra 3, which features a Siemens/KWU 1405 MW pressurized water reactor, has faced multiple delays since its initial inception in 1984, with major interruptions occurring in 1986 and 2015 due to political controversies and legal complications.
After resuming construction in November 2022, Eletronuclear aimed for operations to commence by late 2026; however, new interruptions arose in April 2023 over municipal disputes related to environmental agreements. A recent study by the National Bank for Economic and Social Development indicated that halting the project could incur costs amounting to BRL21 billion (USD3.7 billion), nearly equivalent to the costs associated with its completion. The unfinished unit is proposed to generate enough electricity for an estimated 4.5 million residents, leveraging past investments already utilized in Angra 2.
In a published article, Lycurgo asserted that the Angra 3 project transcends mere electricity production, asserting that it holds the potential to spur extensive investments for social development, stimulate job creation, and invigorate economic growth across Brazil. He referenced research revealing that every dollar invested in nuclear energy yields a return of two dollars in GDP.
Lycurgo projected that the project could directly generate around 7,000 jobs and tens of thousands of additional indirect positions. The broader supply chain benefits would extend significantly beyond the immediate vicinity of Angra dos Reis. He also advocated against canceling the project, underlining its contributions to climatic goals.
Lycurgo noted that the projected tariff for the future plant stands at BRL 653.31 (USD 114) per megawatt-hour, which is competitive compared to several thermal plants in Brazil. The clean and stable energy supply anticipated from Angra 3 would mitigate reliance on high-cost thermal fossil fuels. He concluded that completing Angra 3 would signify a pivotal advancement for Brazil, enhancing not only the energy sector but also facilitating social and economic transformations.
As of the latest update, the CNPE’s decision regarding the Angra 3 project was postponed to the next meeting, indicating ongoing deliberations surrounding its future.
The Angra 3 nuclear power project, as presented by Eletronuclear’s president, Raul Lycurgo, embodies substantial economic and social benefits for Brazil. As the project proceeds toward potential completion, it is poised to generate significant employment opportunities, promote sustainable energy use, and deliver competitive electricity costs. The decision by the National Energy Policy Council remains critical in determining the project’s fate and its contribution to Brazil’s long-term developmental goals.
Original Source: www.world-nuclear-news.org
