Browsing Tag

hydro power

Itaipu Surpasses Production for All of 2022

Celso Chagas Nov 10, 2023

The amount of water arriving at the binational plant in 2023 is 47% higher than last year's volume.

Madeira Line Back in Operation, Generation Tops 1,000 MW

Chico Santos Oct 26, 2023

Shut down on the 4th of this month due to lack of energy for transmission, the North-South-East line was reconnected on Oct. 21

Power

Brazilian, Paraguayan Gov’ts Begin Talks for Revision of Itaipu Treaty Annex C

Celso Chagas Oct 20, 2023

Presidents Lula and Santiago Peña will discuss the document that establishes the binational financial bases

Power

ANEEL Suspends Commercial Operation of Small Hydro in RS

Chico Santos Oct 11, 2023

The 24 MW Boa Fé hydroelectric plant's powerhouse was flooded by the Carreiro River on Sept. 4 and is still shut down.

Power

Cemig Completes Sale of Stake in Baguari Energia to Furnas

Celso Chagas Oct 10, 2023

Part of the company's strategic plan, which includes divesting minority stakes

Power

Madeira Line Shutdown Due to Drought in the North of the Country

Celso Chagas Oct 6, 2023

The goal is to prioritize service to the states of Acre and Rondônia.

Power

Jirau: No Shutdown Due To Drought

Chico Santos Oct 5, 2023

The company says its net water drop currently stands at 12.4 meters and the expectation is for an increase

Power

Reservoirs Hold Most Water in 14 Years

Celso Chagas Oct 2, 2023

According to the ONS, the South's natural energy inflow is expected to reach 188%

Power

Eletrobras Takes Over 100% of HPP Teles Pires

Celso Chagas Sep 28, 2023

Swap between subsidiary Eletronorte and Neoenergia was carried out without cash inflows or outflows

Power

Itaipu Breaks Daily Generation Record

Celso Chagas Sep 27, 2023

High temperatures have increased the plant's demand

Power

Bitcoin Mining: New Market Option for Energy

Chico Santos Sep 12, 2023

Goiás company begins supplying miner with energy generated by the Castanhão dam in Ceará

Power

Belo Monte Hydro Complex Receives Int’l Dam Award

Celso Chagas Sep 1, 2023

The 5th International Milestone Rockfill Dam Awards committee gave the title to the complex in southwestern Pará

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From the Media

Nov 27, 2023 - MENAFN

Petrobras has discovered a significant natural gas reserve in the Caribbean Sea. Its aim is to collaborate with other corporations, transforming Colombia into a gas exporter. This plan includes potential partnerships with companies like Saudi Arabia's Aramco, which is already affiliated with the Brazilian gasoline brand in Chile. Petrobras announced, "We're using our Chilean partnership to strategize our entry into Latin America's product market." This strategy forms a key part of a broader initiative to revitalize operations in Bolivia and tap into significant natural gas reserves in the Colombian Caribbean. It also aims to expand natural gas projects in Argentina and compete for marine exploration opportunities in Suriname.

Nov 27, 2023 - Reuters

Argentine President-elect Javier Milei on Sunday invited Brazil's President Lula to his Dec. 10 inauguration and praised their countries' ties, again softening his tone with a figure he had harshly criticized before. Milei said in a letter to Lula, which he reposted on social media X, that he wishes to keep sharing "complementary areas" with the neighboring country so both can achieve "growth and prosperity," citing their trade and global footprints. The letter marks yet another shift from the radical libertarian, who during his campaign dubbed Lula an "angry communist" and suggested he would balk at doing business with Brazil, Argentina's top trade partner.

Nov 27, 2023 - REVE

Brazil is expected to approve regulations this year to enhance its participation in the booming global wind energy market. It is expected to jump from 10 GW in 2022 to 46 GW in 2030, according to a report prepared by the consulting firm A&W in collaboration with the Brazilian Wind Energy Association (ABEEólica). According to the study, for every gigawatt of offshore capacity, between 11,000 and 34,000 jobs can be created throughout the production chain. A 2020 report published by the Energy Research Company (EPE) linked to the Ministry of Mines and Energy showed that Brazil’s technical potential to generate electricity through the installation of offshore wind turbines reaches 700 GW.

Nov 27, 2023 - The Economist

South America’s largest economy is a tricky destination for capital. Investors, previously wary that the re-elected president, Luiz Inácio Lula da Silva, would repeat his party’s disastrous spending spree of a decade ago, had been calmed by promises of a new fiscal framework and tax reform. But in October Lula said the government would “hardly” meet the fiscal target proposed by its efficient new finance minister, Fernando Haddad. And Brazil’s economy is winding down—GDP growth dropped to 0.9% in the second quarter, from 1.9% in the first. Those concerns will be reflected by foreign direct investment data for October, due on Monday. Between January and September Brazil received the least FDI since 2020, in a 40% drop from the same period in 2022. Economists expect the latest forecast to show $65bn for 2023—well short of the $90.5bn in 2022, a ten-year record aided by high commodity prices.

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