Jorge Lacerda power station
|This article is part of the Global Energy Monitor coverage of Brazil and coal|
Jorge Lacerda power station is a 857-megawatt (MW) coal-fired plant in Capivari de Baixo, Santa Catarina, Brazil.
The satellite photo below shows the plant in Capivari de Baixo, Santa Catarina, Brazil.
The Jorge Lacerda power station was originally developed by Brazil's federal government in the 1960s. The 857-megawatt complex comprises three distinct power plants with a total of seven units, all fueled by coal mined in the surrounding state of Santa Catarina. The oldest plant, Jorge Lacerda A, consists of two 50 MW units and two 66 MW units. Jorge Lacerda B has two 131 MW units, and Jorge Lacerda C has a single 363 MW unit.
Proposed Sale & Potential Retirement
In 2018 Engie arranged to sell the plant to English firm ContourGlobal but ultimately backed out of the deal in the belief the plant was undervalued. Engie announced in a July 2019 press release that efforts to sell the plant were ongoing, and in September 2019 again confirmed that it was seeking buyers for the plant as part of its plan to decarbonize its energy portfolio.
In a February 2020 teleconference with investors, Engie executive Rafael Bósio reported that the company would register the Jorge Lacerda plant in Brazil's April 30 energy auction, seeking a 15-year contract with the Brazilian government to enhance the plant's appeal to potential buyers. However, the April auction was canceled indefinitely due to the Covid-19 health crisis.
In December 2020, Engie officially announced that it would cease operating the Jorge Lacerda Power Station in accordance with the company's commitment to a coal-free energy portfolio. The company is reportedly studying three divestment scenarios:
- direct sale of the plant to a private buyer
- sale of the plant to a Brazilian government entity, or sale to a private company with support from the Brazilian government
- phased decommissioning of the plant
As of mid-2021, Engie was still in the process of selling the plant. In February 2021 the company signed a 120-day exclusivity agreement with potential buyer FRAM Capital, and in June 2021 the agreement was extended for an additional 120 days to allow FRAM Capital to continue its due diligence process.
- Sponsor: Engie Brasil Energia (formerly Tractebel Energia SA)
- Parent company: Engie
- Location: Capivari de Baixo, Santa Catarina, Brazil
- Coordinates: -28.454, -48.969 (exact)
- Status: Operating
- Gross Capacity: 857 MW
- Type: Subcritical
- In service:
- Unit 1: 1965
- Unit 2: 1967
- Unit 3: 1974
- Unit 4: 1973
- Unit 5: 1979
- Unit 6: 1980
- Unit 7: 1997
- Coal Type: Bituminous
- Coal Source: Southern Santa Catarina state
- Source of financing:
Articles and resources
- Jorge Lacerda Thermal Power Plant Brazil, Global Energy Observatory, accessed November 2019
- "Jorge Lacerda Thermoelectric Complex". ENGIE Brasil. Retrieved 2020-12-28.
- Latin America: Engie cancels sale to ContourGlobal over price dispute, Inframation Group, Apr. 13, 2018
- "Pampa Sul Thermoelectric Power Plant begins commercial operations - ENGIE Brasil". ENGIE Brasil press release. July 9, 2019.
- Além da eletricidade, Istoe Dinheiro, Sep. 30, 2019
- "Engie aponta contratempos em processo para vender termelétricas a carvão no Brasil". Negócios/Reuters. February 19, 2020.
- Sánchez Molina, Pilar (April 1, 2020). "Brazil postpones energy auctions". PV magazine.
- "Engie vai deixar de operar termoelétrica a carvão em Santa Catarina - Economia". Estadão. December 16, 2020.
- "Engie vai deixar de operar termoelétrica a carvão em Santa Catarina". Terra. December 16, 2020.
- "Reunião com ministro de Minas e Energia vai discutir futuro do Complexo Termoelétrico Jorge Lacerda". Engeplus. December 7, 2020.
- "Engie admite que pode fechar complexo Jorge Lacerda". Canal Energia. December 11, 2020.
- "Engie resumes sale of 345-MW coal-fired plant in Brazil". Renewablesnow.com. Retrieved 2021-06-14.
- "ENGIE Signs Exclusivity Agreement For Sale Of Jorge Lacerda Thermoelectric Complex". ENGIE Brasil. February 26, 2021.
- "Fato Relevante - Engie Brasil Energia S.A". Terra. June 15, 2021.
- "IN BRIEF: Tractebel changes name to Engie Br..." BNamericas. July 14, 2016.