IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.04% USD/MXN18.58▼ 0.10% USD/CLP982.08▼ 0.22% USD/COP3,279▼ 0.85% USD/PEN3.41▼ 0.02% USD/ARS1,544▼ 0.03% USD/UYU40.52▲ 3.32% USD/PYG6,174▲ 3.14% USD/BOB11.63▲ 1.12% USD/DOP60.48▲ 0.13% USD/CRC446.01▲ 1.79% USD/GTQ7.64▲ 3.18% USD/HNL26.90▲ 3.29% USD/NIO36.62▲ 2.73% USD/VES902.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 2.41% USD/TTD6.72▲ 2.22% EUR/BRL6.19▼ 0.71% BRENT 93.22 ▲ 0.50% WTI 86.94 ▲ 0.47% IRON ORE 161.91 — — COPPER 6.23 ▼ 0.73% GOLD 3,969 ▼ 0.78% SILVER 51.42 ▼ 0.90% SOY 1,226 ▼ 0.24% CORN 447.75 ▼ 0.06% WHEAT 599.50 — 0.00% COFFEE 265.45 ▼ 2.19% SUGAR 18.47 ▲ 2.10% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.35 ▲ 4.65% COCOA 5,061 ▲ 6.73% BEEF 218.98 ▼ 0.10% CATTLE 327.80 ▼ 0.77% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20% IBOV 172,060.43 ▲ 0.42% IPC MEX 72,006.05 ▲ 0.16% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 0.03% USD/MXN 18.61 ▲ 0.03% USD/CLP 982.08 ▼ 0.22% USD/COP 3,279 ▼ 0.85% USD/PEN 3.41 ▼ 0.02% USD/ARS 1,544 ▼ 0.11% USD/UYU 40.52 ▲ 3.70% USD/PYG 6,174 ▲ 3.14% USD/BOB 11.63 ▲ 1.12% USD/DOP 60.48 ▲ 0.05% USD/CRC 446.01 ▲ 1.79% USD/GTQ 7.64 ▲ 3.16% USD/HNL 26.90 ▲ 3.29% USD/NIO 36.62 ▲ 2.73% USD/VES 902.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 2.41% USD/TTD 6.72 ▲ 2.22% EUR/BRL 6.19 ▼ 0.62% BRENT 93.22 ▲ 0.50% WTI 86.94 ▲ 0.47% IRON ORE 161.91 — — COPPER 6.23 ▼ 0.73% GOLD 3,969 ▼ 0.78% SILVER 51.42 ▼ 0.90% SOY 1,226 ▼ 0.24% CORN 447.75 ▼ 0.06% WHEAT 599.50 — 0.00% COFFEE 265.45 ▼ 2.19% SUGAR 18.47 ▲ 2.10% ORANGE JUICE 146.60 ▼ 0.10% COTTON 82.35 ▲ 4.65% COCOA 5,061 ▲ 6.73% BEEF 218.98 ▼ 0.10% CATTLE 327.80 ▼ 0.77% LITHIUM 61.07 ▲ 1.82% PETR4 43.55 ▼ 3.11% VALE3 64.43 ▼ 0.57% ITUB4 41.72 ▲ 1.26% BBDC4 14.33 ▼ 1.44% ABEV3 15.85 ▲ 0.38% BBAS3 16.89 ▼ 1.23% B3SA3 14.80 ▲ 2.21% WEGE3 51.61 ▲ 1.30% PRIO3 61.47 ▲ 2.42% SUZB3 53.80 ▼ 1.21% RENT3 30.24 ▲ 1.51% AZZA3 15.37 ▲ 4.34% CSAN3 3.03 ▲ 13.06% RAIZ4 0.30 ▼ 98.60% PCAR3 2.54 ▼ 0.78% GMAT3 4.08 ▲ 7.09% PSSA3 45.98 ▼ 1.48% CVCB3 0.86 — 0.00% POSI3 3.32 ▲ 5.40% SLCE3 17.05 ▼ 0.23% NATU3 5.62 ▲ 1.26% BRKM5 2.92 — 0.00% RANI3 8.39 ▼ 0.71% CSNA3 4.52 ▲ 3.20%
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Thursday, November 12, 2026

Brazil Business - Brazil

Brazil’s power regulator clears studies to install three mega-plants in the Amazon

By · · 3 min read

RIO DE JANEIRO, BRAZIL – This week, the regulator authorized the request of the state-owned companies to conduct technical and economic feasibility studies of the Jamanxim, Cachoeira do Caí and Cachoeira dos Patos dams, hydroelectric plants that would generate over 2,200 megawatts, enough to supply more than 3 million families.

The studies may be conducted until December 31, 2023. ANEEL (Brazil’s electric power regulator) has been receiving requests to study the construction of these plants for over 10 years, but these were never allowed.

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Eletrobras and its subsidiary Eletronorte have been given the go-ahead to proceed with the plan to build three large hydroelectric power plants in the Tapajós River Basin.
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Eletrobras and Eletronorte are part of the “Tapajós Consortium,” created to enable these hydroelectric plants, which for over a decade have not gotten off the drawing board due to potential impacts on conservation areas and indigenous lands.

The result of frustrated attempts in recent years ultimately undermined the consortium itself. What today boils down to a state partnership brought, until mid-2017, names of French companies such as Electricité de France and GDF Suez Energy Latin America (now Engie), as well as Brazilian companies such as Neoenergia, Copel and Cemig. This formation is still listed in ANEEL’s document of approval.

All companies joined with the purpose of erecting Brazil’s largest hydroelectric complex in the heart of the Amazon, which included two other plants, São Luiz do Tapajós and Jatobá, the largest.

IBAMA (Brazilian Institute of the Environment and Renewable Natural Resources), in 2016, shelved the licensing process for São Luiz, due to its direct impact on indigenous lands, which is banned by law.

None of these plants were enabled, and the consortium lost the interest of private members, who tired of spending money on frustrated projects. It was no less than R$130 (US$24) million injected into piles of studies.

Since 2013, no medium or large hydroelectric project has been tendered by the federal government due to the environmental complexity. The government has the inventory of each river, with the generation capacity of each plant, but basically all proposals include the creation of reservoirs that would flood large protected areas.

WHAT STATE-OWNED COMPANIES SAY

Asked, Eletrobras said in a statement that, “from a technical standpoint, the Tapajós river basin has a relevant hydroelectric potential, with a high natural capacity to regulate the river flows throughout the year” and that the studies of the new plants “still require governmental actions.”

Eletronorte said that “all the projects are technically feasible and would provide great gains for the Brazilian population, because they are clean, renewable energy projects, and potentially less expensive than other generation sources.”

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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