Raul Lycurgo of Eletronuclear outlined the benefits of completing the Angra 3 nuclear unit prior to a council meeting. The project, which has faced numerous delays, could supply energy to 4.5 million people and create 7,000 jobs. A government decision is pending regarding its completion amid financial considerations. Lycurgo emphasized nuclear energy’s economic and environmental advantages.
The president of Eletronuclear, Raul Lycurgo, presented the potential economic benefits of completing the Angra 3 nuclear power unit to the National Energy Policy Council. Brazil’s current nuclear facilities, Angra 1 and Angra 2, contribute approximately 3% of the nation’s electricity. Originally initiated in 1984, the Angra 3 project experienced multiple suspensions but resumed in 2022, with aims to begin operations by the end of 2026. However, disputes regarding environmental compensation delayed progress again in April 2023.
Eletronuclear awaits a government decision that could significantly influence the project. A study by Brazil’s National Bank for Economic and Social Development indicated that abandoning the project might cost BRL21 billion (USD3.7 billion), comparable to completion expenses. Lycurgo highlighted that the completed plant would supply energy to approximately 4.5 million residents, and previously procured equipment and nuclear fuel had been effectively repurposed in Angra 2.
In an article on Eletronuclear’s website, Lycurgo emphasized the project’s potential beyond energy production, stating it could catalyze social development, create approximately 7,000 direct jobs, and lead to numerous indirect job opportunities. The benefits would extend beyond Angra dos Reis, fostering statewide economic growth. He also referenced a study showing that investments in nuclear energy could yield a twofold return in GDP.
Lycurgo stated, “The future plant also offers a competitive projected tariff, currently estimated at BRL 653.31 (USD 114) per megawatt-hour, below the average cost of several thermal plants in the country.” He stated that the reliable, clean energy from nuclear power would enhance the electrical system’s security while lessening dependency on costly fossil fuels. The project is seen as pivotal for Brazil’s sustainable development and technological evolution.
As of February 19, 2023, a decision regarding Angra 3’s future was postponed to the next CNPE meeting, marking a significant moment for Brazil’s energy landscape.
In summary, the Angra 3 project represents a substantial opportunity for Brazil, not only in enhancing the energy sector but also in spurring economic growth and social development. President Raul Lycurgo advocates for a decision favoring the project, citing its potential for job creation, GDP growth, and contributions towards sustainable energy. The National Energy Policy Council’s forthcoming decision will be crucial for determining the project’s future and its broader implications for Brazil’s energy strategy.
Original Source: www.world-nuclear-news.org
