Responsibility for construction of Angra II and, later, III was transferred to Eletrobras subsidiary Furnas.

FORBES: Brazil's Senate OKs Tax Breaks for Nuclear Power

Here they can find Angra dos Reis, an area consisting of more than 300 islands, just a half-hour outside Rio de Janeiro.

FORBES: What 1 Million Pounds Buys In Homes Around The World

Eletronuclear has already bought some equipment from Germany for the third station, Angra 3 (an exact copy of Angra 2).

ECONOMIST: Nuclear energy in Brazil

The first two were to be built in Rio de Janeiro and are known as the Angra faciltiies I and II.

FORBES: Brazil's Senate OKs Tax Breaks for Nuclear Power

Even if growing shortages of power push prices up, it would be wise not to rush into building more stations: before starting work on Angra 3, says Mr de Oliveira, Eletronuclear should see whether Angra 2 is free of the constant shutdowns that have plagued Angra 1.

ECONOMIST: Nuclear energy in Brazil