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Brazil and Peru considering building five hydroelectric dams

Saturday, August 8th 2009 - 14:00 UTC
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Energy short Brazil needs to increase its power capacity by 50% in ten years Energy short Brazil needs to increase its power capacity by 50% in ten years

Brazil and Peru are considering five hydroelectric projects that would cost as much as 15 billion US dollars, revealed Brazilian Energy Minister Edison Lobao.

Peru may consume 20% of the electricity from the dams and ship the rest to Brazil, Lobao told reporters Friday in Rio de Janeiro. Brazil and Peru aim to start operating the dams, which could generate 6,000 megawatts, in 2015, he said.

“We need to have energy, to ensure Brazil’s energy security” Lobao said. “Whatever exceeds Peruvian needs will be exported to Brazil, which may re-ship the energy to other neighbouring countries.”

Brazil is expanding its electricity grid to link jungle dams to industrial centres and reduce costly diesel-fuel generation.

Last March Lobao revealed that Brazil needs to boost its generating capacity by 50% percent in 10 years to 150,000 megawatts.

Brazilian government controlled Electrobras and its Peruvian counterpart Electricidad del Peru may form a joint power company, Brazilian President Lula da Silva said in April.

Categories: Energy & Oil, Latin America.

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