IBOV 174,586.26 ▲ 0.01% IPSA 11,367.47 ▼ 0.73% IPC MEX 66,644.91 ▲ 0.53% MERVAL 3,019,891 ▲ 0.36% COLCAP 2,493.32 ▼ 0.60% BVL PERÚ 60,449.35 ▲ 0.24% USD/BRL5.15▼ 0.07% USD/MXN16.93▼ 0.12% USD/CLP920.93▲ 0.84% USD/COP3,127▲ 2.08% USD/PEN3.35▼ 0.22% USD/ARS1,514▲ 0.12% USD/UYU40.18▲ 1.55% USD/PYG5,957▲ 0.99% USD/BOB11.50▲ 1.47% USD/DOP58.15▼ 0.27% USD/CRC450.21▲ 2.07% USD/GTQ7.62▲ 2.21% USD/HNL26.82▲ 0.34% USD/NIO36.62▲ 0.09% USD/VES785.55▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 1.10% EUR/BRL6.00▼ 0.20% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 174,586.26 ▲ 0.01% IPSA 11,367.47 ▼ 0.73% IPC MEX 66,644.91 ▲ 0.53% MERVAL 3,019,891 ▲ 0.36% COLCAP 2,493.32 ▼ 0.60% BVL PERÚ 60,449.35 ▲ 0.24% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
since 2009
Wednesday, August 26, 2026

Business - Brazil Politics - Brazil

Brazil’s Nuclear Power Industry

By · May 4, 2010 · 3 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

By Sibel Tinar, Contributing Reporter

RIO DE JANEIRO – Brazil is the world’s tenth largest consumer of energy, and nuclear energy accounts for a little more than three percent of the country’s electricity. Brazil’s energy policy has long been based on the use of renewable resources, primarily hydroelectric power, which currently generates about 92 percent of the country’s power.

Rio's Centro, which is home to the Eletrobrás Building (on the right), photo by Rodrigo Soldon/Flickr Creative Commons License.
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
Latin American markets, currencies and companies.
Open the full Ask Rio Times →

The policies Brazil has been following to reduce its dependence on imported oil since the 1973 oil crisis have reached an official point of success in 2006, with the declaration that it has achieved energy independence. Among these policies were increased use of ethanol as fuel, increased domestic oil production and exploring the alternatives for the generation of electricity.

Brazil’s nuclear program dates back to 1950s, and the country acquired its first nuclear reactor from Westinghouse of the United States in the 1970s. Despite these efforts, the first of the nuclear reactors in Brazil’s sole nuclear power plant at Angra dos Reis in Rio de Janeiro state only started operating in 1982. A second reactor called Angra II that is built with German technology joined Angra I in 2000, after being in development on and off for almost 25 years. 

The construction of a third reactor, Angra III, has resumed in 2010 and it is expected to start commercial production at the end of 2014.

State-owned Eletronuclear, which is a subsidiary of Latin America’s biggest power utility company Eletrobrás, has a monopoly in Brazil’s nuclear power generation. According to the Plano Nacional de Energia 2030 (2030 National Energy Plan), Eletronuclear has been planning to construct four more reactors by the year 2030. Last year, Eletronuclear announced that the development of a fourth nuclear reactor was in the works at a second yet undisclosed location.

Angra Nuclear Power Plant, photo by Rodrigo Soldon/Flickr Creative Commons License.

Eletrobrás operates under the Ministry of Mines and Energy, and the National Nuclear Energy Commission oversees all plutonium exploration, as well as supervising and controlling all aspects of Brazil’s nuclear program.

The problems and delays in the construction of Brazil’s nuclear reactors can be attributed to political fallout resulting from technical problems in initial construction. Worldwide concerns about the environmental effects and the safety of operating nuclear power plants have hindered the industry’s efforts to develop and use nuclear energy. And despite being caused by discarded medical equipment completely unrelated to nuclear energy generation, the 1987 Goiânia Radiological Incident has unpopularized nuclear power in the eyes of the Brazilian public.

The market liberalization of the energy sector at the end of 1990s, witnessing the safe production and use of nuclear power in the world, as well as changing political dynamics, helped resurrect the Brazilian nuclear power industry in the recent decade.

Brazil’s increasing electricity consumption, as well as the the vulnerability of hydroelectric power to environmental conditions such as droughts, which was experienced on a heavy scale in 2001 and crippled the electricity supply, are the two leading reasons why nuclear power is regarded as crucial to sustain reliable power throughout the country.

Brazilian President Luiz Inácio Lula da Silva has repeatedly stated that he saw investing in nuclear energy as imperative to ensuring that Brazil meets its ever growing energy demand, and to secure Brazil a place among the world powers that harness nuclear technology for peaceful purposes. Lula’s position has been criticized by Greenpeace, which sees nuclear energy as hazardous, outdated and unnecessary. Greenpeace has been encouraging Brazil to invest in clean energy instead.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.