Brazil’s power supply is secure for the next 10 years with most planned generation projects already being built and new auctions to take place soon, a spokesperson for federal energy planning company EPE told BNamericas.

“The country will see an expansion in power supply of 61GW in the next 10 years and most of it, at around 42GW, has already been hired.”

Power to be generated from projects such as the 11.2GW Belo Monte, 3.75GW Jirau and 3.43GW Santo Antônio hydros were considered hired in EPE’s calculation.

The country will also see an expansion of 42,553km in new transmission lines. Brazil has 99,649km of existing lines.

EPE’s spokesperson also said new power auctions will take place this year and in 2012.

According to an EPE estimate, by 2020 83% of the country’s energy matrix will consist of renewable sources, 67% from hydro power, a drop from its current 75% share. The reason, according to the spokesperson, is the growing participation of biomass and gas-fired thermos and wind farms in the country’s energy mix.

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