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Brazil’s nuclear reactor build delayed, completion now due in 2027, Covid-19 effect

COVID-19 to delay Brazil nuclear plant -Eletronuclear

Anthony Boadle, BRASILIA, May 22 (Reuters) – Lower demand for electricity and a currency slide during the coronavirus crisis will push completion of Brazil’s third nuclear reactor into 2027, the head of state-run nuclear power company Eletronuclear told Reuters.

Eletronuclear president Leonam Guimaraes said Brazil still plans to find a partner by 2023 to help finish and operate the long-delayed 1,400 megawatt Angra 3 nuclear reactor, with companies in China, Russia, France and South Korea among possible candidates.

Construction, which began in 2010, is set to restart this year after a long delay caused by financial difficulties and corruption investigations.

So far, 9 billion reais ($1.6 billion) have been spent on the project.

Guimaraes said the “brutal” 15-20% drop in power consumption caused by the coronavirus pandemic means future demand is uncertain. …… https://af.reuters.com/article/commoditiesNews/idAFL1N2D319L

May 22, 2020 - Posted by Christina Macpherson | Brazil, health, politics

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