Utility Management Group
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Energy: cost x value (Brazil)
Energy: cost x value
Our stock of unfinished projects is superlative. Emblematic examples:
- Contracted and not built nuclear power plants
- Contracted trains/metros, started and not finished
- Oil refineries contracted and not built
The investments made many years ago, were in USD Billions. It's not pocket money and by far!
And the consequence is the worst possible: costs are incurred, but the associated value is not produced.
- Thermal power plants were built to offset the unfinished nuclear power plants
- Fuel-powered transport to "replace" electric trains and metros left on paper
- Importation of refined products on account of the unbuilt refineries
A selected group, who participated in these sweetheart deals won. But the entire population lost.
The loss is a cost "prorated" by everyone in the tariffs. It is well disguised for the general population. But, not for those who know the electrical sector, of course!
When will we become aware and take action regarding this regrettable Brazilian tradition of decades?
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