Energy: Plan estimates investment of US$ 87.7 billion in power generation

The Ten Year Plan 2007/2017, disclosed by the Energy Research Company (EPE), a branch of the Brazilian Ministry of Mines and Energy, forecasts that Brazil will need to invest, during the period, US$ 87.7 billion in power generation and transmission, in order to live up to the economic growth. Out of that total amount, power generation projects should absorb US$ 69.9 billion, and power transmission projects – including the construction of power lines and sub-stations – US$ 17.7 billion.
The survey outlines two possible scenarios regarding the demand for electricity, considering the possibilities of annual economic growth rates at 4.2% and 4.9%.
The forecasts announced by the president at the EPE, Maurício Tolmasquim, indicate that during the next ten years the Brazilian population should increase by 32 million people, reaching 212 million.
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