CEO message

The Porto do Sergipe I thermoelectric Complex represents an important milestone for the Brazilian energy sector. With an installed capacity of 1,551 MW, the largest gas-fired power plant in Latin America will make a decisive contribution to the country's energy security. The technology used, based on state-of-the-art gas turbines, will allow efficient generation, lower energy cost and reduced environmental impact. Installed in the Northeast region of Brazil, where renewable generation represents an important part of the energy matrix, the plant will provide the balance of the electric system, allowing a better management of energy supply and demand in the region.

In its implementation technological solutions capable of minimizing the socio-environmental impacts were considered. The use of seawater as cooling media, for example, will avoid the use of fresh water, which should be used for more noble uses, such as, drinking water. Another advantage is the use of liquefied natural gas (LNG),as fuel, a much cleaner option than diesel, oil and coal, used in many thermoelectric plants installed in the Brazil. Carbon dioxide emissions are about 90% lower than those of diesel and fuel oil thermoelectric plants.

It is worth mentioning that the investment in the Thermoelectric Complex Porto de Sergipe I is the largest ever carried out by private initiative in the State of Sergipe. The CAPEX, in the order of R $ 6 billion, came from the shareholders and from international financial institutions. None of the Brazilian credit lines available were used.

The taxes paid by CELSE, not only during construction but also during operation, will benefit the region. The jobs generated, especially in the construction phase, were mainly occupied by Sergipe workers. Several local companies were also contracted to provide services and materials.

CELSE, on a voluntary basis, invested in the restoration of public buildings of great architectural and cultural value. In Aracaju, the Public Archive, the Epifânio Doria Library and the Tobias Barreto Theater were recovered and handed over to Sergipe society. In Barra dos Coqueiros, urbanization, recovery of public spaces and construction of schools were carried out.

But the complex should not only be considered as an isolated energy generation project: one has to think of Barra dos Coqueiros as a gas hub. This includes not only our expansion projects, but others that may have great impact, since the complex can provide regasification services to third parties that need gas for its processes. There are a number of projects that may become feasible as a result of the existence of gas in the region, not only in gaseous form but also in liquid form.

We recognize the support received from Sergipe society and are happy to be part of the story being built.

Pedro Litsek