Brazil now has a total of 3 companies with permission to trade electricity produced in the neighboring country
O Ministry of Mines and Energy authorized this Monday (April 15, 2024) for two more Brazilian companies to negotiate the purchase of electricity from Venezuela.
With this, the Trader and the Bolt Energy join the Amber Energy, licensed since November last year, on the list of companies permitted to trade Venezuelan electricity. Read the full ordinances here (PDF – 124 kB) and here (PDF – 124 kb)
A Aneel (National Electric Energy Agency) allowed the resumption of imports of electricity from Venezuela to supply Roraima in December 2023. Âmbar's permission was issued via authorization from the CMSE (Electric Sector Monitoring Committee).
The opening of this market aims to offer cheaper electricity to the only State that is not connected to the SIN (National Interconnected System).
The energy that Brazilian companies are authorized to purchase is produced at the Guri hydroelectric plant. Roraima is mainly supplied by diesel thermal plants.
The return of purchasing electricity from Venezuela was an old wish of the president Luiz Inácio Lula da Silva (PT). In speeches alongside South American leaders, Lula has expressed interest in more infrastructure projects that increase integration between South American countries.
Despite highlighting on several occasions the need to integrate the electrical grid of the two countries, at no point was the desire to form a long agreement between Brazil and Venezuela to supply Roraima expressed. This is because the government plans to integrate the State into the SIN by 2025.
In August last year, Lula signed the work order to begin work on the transmission line that will connect Roraima to the SIN. Once completed, the line will connect the State to the Tucuruí plant, in Pará.
#Government #authorizes #companies #buy #energy #Venezuela