45% of Brazil's energy matrix comes from renewable sources after investments in a low-carbon economy by producing green hydrogen, solar energy and offshore wind farms

In a speech at COP27, the president of the National Confederation of Industry (CNI), Robson Braga de Andrade, was positive about Brazil's participation in the Paris Agreement, in addition to citing his good expectations about the low-carbon economy after national investments in the production of green hydrogen, solar energy and offshore wind farms.

after the outbreak of war between Russia and Ukraine and the economic crisis left by the Covid-19 crisis, Brazil had to readapt to maintain its energy and food availability, mainly with the rise in commodities. And, as stated by the president of the CNI, Brazil has been showing promise when it comes to an energy matrix based on low carbon economy after investing in the production of green hydrogen, photovoltaic panels and offshore wind farms for renewable energy. Thus, having favorable conditions for increasing productivity, but for this to be possible, it would be necessary to link both the private and public sectors. 

Brazil has been receiving several investments, mainly in solar energy. Common investment over BRL 840 million, being a financed portion, one of the largest centers of energy coming from photovoltaic panels came into operation in Piauí recently. A building that drew attention on a world scale, also located in Piauí, it is a center with more than 2 million photovoltaic panels!

Support for the Paris Agreement has been going on for years, from governments prior to Bolsonaro. The objective is for the State to be able to create strategies to make low carbon economy possible and feasible by the year 2030. 

Brazil has 45% of its energy matrix made up of renewable sources 

Brazil has become a benchmark for having at least 45% of its energy matrix relying on renewable sources through offshore wind energy production centers, solar energy or green hydrogen. Including, there is an incentive law for homes to produce their own energy by not paying ICMS taxes until 2023, if they install photovoltaic panels. 

In addition, the government has been making new investments to strengthen the use of biofuels. Private companies also carry out studies to replace diesel in transport logistics. 

In an interview, Andrade, from CNI, praises RenovaBio, a program created to establish the main Brazilian targets for decarbonization, increasing the supply of sustainable energy throughout Brazil. Dialogue between the private and public sectors was widely discussed at this year's summit. 

The United Nations and the Intergovernmental Panel show that the world needs urgent changes in relation to habits that optimize the greenhouse effect that could contain, in parts, global warming in the coming years. 

Beyond green hydrogen and offshore wind farms for renewable energy: Marine sector is also playing its part in the energy mix

Ammonia is one of the chemical components that has been studied for decrease carbon dioxide emissions on the high seas with ship transport. It is a more sustainable fuel. However, it is still not used due to the risk of spillage and changes in the pH of the water, which can harm the local fauna and flora. 

However, the company Dux carried out research where it developed a component capable of making ammonia non-toxic on the high seas, which could be a sustainable fuel option. More information can be found in a exclusive interview provided by the company to the CPG.