Itaqui power station
|This article is part of the Global Energy Monitor coverage of Brazil and coal|
Itaqui power station is a 360-megawatt (MW) coal-fired power plant operated by Eneva S.A. (formerly MPX Energia) in São Luís de Maranhão, Brazil. Originally known as UTE Termomaranhão or MPX Itaqui, the plant now goes by the official name UTE Itaqui or UTE Porto do Itaqui.
The satellite photo below shows the location of the project in São Luís de Maranhão, Brazil.
Diferencial Energia, original developer of the Itaqui project, sold generation rights in March 2007 to Brazilian power holding company EDB , which in turn established a 50-50 partnership with Brazilian mining company MPX Mineração e Energia. MPX bought EDB's stake and assumed 100% ownership shortly after Brazil's October 2007 A-5 energy auction, in which the Itaqui plant won a contract to produce an annual average of 315 MW of power over a 15-year period.
In October 2012, the government environmental agency IBAMA (Instituto Brasileiro do Meio Ambiente) granted the plant its operating license, and in February 2013 the electrical agency ANEEL (Agência Nacional de Energia Elétrica) authorized the plant to begin commercial operations, with an installed capacity of 360 MW. 
Eneva's coal-fired power plants, including Itaqui and the Porto do Pecém power station, generated a profit for the first time in 2018. However, CEO Pedro Zinner, in a May 2019 interview with Brazil Journal, said that Eneva had no further plans to invest in coal and that he expected coal to play a diminishing role in the company's footprint over time. Eneva's current electricity generation concession for the Itaqui plant expires in December 2026.
In an October 2020 interview with Capital Reset, Eneva CEO Pedro Zinner reiterated the company's commitment to phasing out new investment in coal-fired power plants, but left open the possibility of continuing to operate the Itaqui plant beyond 2026 if Brazilian demand for electricity exceeds supply from other sources.
In 2008, MPX reported that it had invested US$698 million in capital expenditures in the project and had received US$160 million in loans. In March 2009, the Inter-American Development Bank (IDB) announced that it gave US$50 million in loans to the project and would arrange further loans for the project from international banks, including Banco Nacional de Desenvolvimento Econômico e Social (BNDES).
In mid-2016, the Federal Public Prosecutor's office for Maranhão state accused the Brazilian environmental agency Ibama of having significantly and inappropriately raised emissions limits for the Itaqui plant after the plant repeatedly released excessive levels of sulphur dioxide and other pollutants. Citing dangers to public health resulting from Ibama's tripling of the emissions limits, the Public Prosector's office called for the plant's license to be suspended or modified to bring emissions back into compliance with levels established in the plant's original Environmental Impact Assessment. A spokesperson for plant owner Eneva denied the Public Prosecutor's charges.
- Sponsor: Eneva S.A.
- Parent company: Eneva S.A.
- Location: São Luís de Maranhão, Brazil
- Coordinates: -2.5873124, -44.3383527 (exact)
- Status: Operating
- Gross Capacity: 360 MW
- Type: Subcritical
- In service: 2013
- Coal Type:
- Coal Source:
- Source of financing: US$698 million in equity from MPX; US$160 million in debt from unspecific sources; US$50 million in debt from IDB
Articles and resources
- "EDB buys Maranhão project generation rights,", Business News Americas, April 11, 2007.
- "EDB sells stake in Maranhão thermo project,", Business News Americas, October 17, 2007.
- "Ibama emite licença para Usina Termelétrica Itaqui", O Estado, October 29, 2012.
- "UTE Itaqui, da MPX, inicia operação comercial". TN Petróleo. February 5, 2013.
- "Brazil's MPX Energia rebranded ENEVA". Power Engineering. September 19, 2013.
- "Shareholding, Governance and Corporate Structure". Eneva. Retrieved 2021-01-12.
- Viri, Natalia (May 20, 2019). "Cheia de gás, Eneva ganha respeito no mercado". Brazil Journal.
- "2019 Sustainability Report". Eneva. Retrieved 2020-12-28.
- "Eneva descarta novos investimentos em carvão, mas pode dar sobrevida a usinas existentes, diz CEO". Capital Reset. October 30, 2020.
- "Corporate Presentation". September 2008.
- "Brazil expands energy supply in Northeastern region with IDB financing". IDB. March 20, 2009.
- Ltda, Comunique-se Comunicacao Corporativa (2009-03-23). "IDB Approves Financing for Porto do Pecém I TPP and Porto de Itaqui TPP". GlobeNewswire News Room. Retrieved 2020-10-02.
- "MPF-MA quer que usina do Porto do Itaqui reduza emissão de poluentes,", Rede Globo, July 7, 2016.
- "Nossos Negócios - Itaqui". Eneva. Retrieved January 20, 2021.