Thermal Electric Program
Brazil: Thermal Electric Program
This program is intended to transform the Brazilian energy matrix, and will increase the generation of thermoelectric energy by 7 - 20% in the next 10 years. This change will confer more reliability to energy generation plants, avoiding the risk of energy deficits caused by water level reduction in the reservoirs of hydroelectric plants.
Date Implemented: 1999
Funding Information: it is estimated that the program will count on investments of R$ 12 billion. The The National Bank of Social and Economic Development (BNDES) will participate of the program, financing up to 30% of the total cost of the enterprise for the construction of plants.
Target: To increase available energy in the country by more than 15 thousand Megawatts with the inauguration of 49 thermoelectric plants in 18 Brazilian states by the year 2003.
References: National Communication to the UNFCCC