Admin Who built Belo Monte?
Norte Energia
Developer. The project is developed by Norte Energia. The consortium is controlled by the state-owned power company Eletrobras, which directly (15%) and through its subsidiaries Eletronorte (19.98%) and CHESF (15%) controls a 49.98% stake in the consortium.
What is the Belo Monte project?
The Belo Monte hydroelectric power plant is being built on the Xingu River in the Pará state of Brazil. The project broke ground in March 2011 with the start of access road construction. Upon its completion, it will be the fourth largest hydroelectric plant in the world with a capacity of 11,233MW.
How much did it cost to build the Belo Monte Dam?
According to the Brazilian energy ministry the dam, expected to start production in 2015, will cost around R$20bn (£6.8bn) and will eventually produce around 11GW of electricity.
What is the largest dam on the Amazon River?
Belo Monte hydroelectric project
Designers of the Belo Monte hydroelectric project built their Amazon mega-dam on Brazil’s Xingu River with an installed capacity of 11,233 MW averaged monthly over a year.
Why is the Belo Monte Dam good?
As one of more than 60 large dams being planned for the Brazilian Amazon, Belo Monte would divert the flow of the Xingu River and devastate an extensive area of the Brazilian rainforest, displacing over 20,000 people and threatening the survival of indigenous peoples.
How much did Belo Monte cost?
In reality, no one knows the true cost of Belo Monte: the government estimates a price tag of US$ 8.7 billion, while independent assessors estimate closer to US$ 17 billion.
What are the benefits of the Belo Monte Dam?
Advantages
- Allows socio-economic development (increase GDP by 5% each year over next 10 years with extra 6000 MW of energy each year)
- Could provide power for 18 million homes.
What problems has the Belo Monte Dam caused?
How much electricity does the Belo Monte Dam produce?
Its current power generation capacity of 100,000MW needs to be raised to 220,000MW by 2030, in order to meet the anticipated growth in demand.