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Home With a central role in decarbonization and responsible for a significant portion of GDP, the oil and gas sector promises to help in the diversification process of the Brazilian energy matrix

With a central role in decarbonization and responsible for a significant portion of GDP, the oil and gas sector promises to help in the diversification process of the Brazilian energy matrix

6 June 2022 to 08: 50
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oil and gas - energy - wind - solar - energy transition - renewables
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The country's wind sector has a potential of 50 GW in onshore generation and XNUMX GW in offshore installations; oil and gas industry will further contribute to the energy transition process through technological development

The perspectives and expected developments for the energy sector in the coming years were discussed last Sunday, on the last day of the Rio Innovation Week. In the panel “Transformations in the energy sector”, IBP's Corporate Executive Director, Fernanda Delgado, highlighted the importance of the oil and gas sector as a major generator of jobs, income and revenue, in addition to its role in the process of transforming the energy matrix. 

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“The sector is responsible for a significant portion of GDP and understands that it has a central role in decarbonization. It is aware of climate change and there is preparation in that direction”, said Delgado. 

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The executive emphasized that the oil and gas industry will contribute even more to the energy transition process, mainly through technological development. Fernanda Delgado cited initiatives such as the evolution of biorefineries, second-generation biofuels and innovations in carbon capture, sequestration and storage, in addition to synergy with other industries. 

“The oil industry is a great generator of technology, which goes beyond the segment itself. It helps the wind and biofuels (biorefinery) sectors, for example. It is an industry prepared, capitalized and that goes hand in hand with the renewable industry to make this transformation”, said Delgado. 

Elbia Gannoum, CEO of ABEEÓLICA – Associação Brasileira de Energia Eólica -, highlighted the segment's growth in recent years, predicting a significant increase in the future, based on technological development.  

Solar energy gains strength, reaches 13 GW of installed capacity, almost an Itaipu in energy, and Brazil reaches 1 million consumers served by own generation

“In the last 10 years, we installed 10 GW [of wind generation capacity]. Today, in 2022, we already have 21 GW, and in three years we will install another 10 GW. This demonstrates the industry's speed of implementation. Our hiring as of 2018 has also grown, going to 4 GW/year”, said Gannoum, noting that the wind sector in the country has a potential of 50 GW in onshore generation and 80 GW in offshore installations. “We still have a national industry. About XNUMX% of a wind turbine is made in Brazil. We have a strong production chain capable of meeting this demand,” he concluded. 

Rodrigo Lopes Sauaia, executive president of the Brazilian Association of Photovoltaic Solar Energy (ABSOLUTE), pointed out the technological evolution of the segment as a driving factor, making it more attractive and accessible. “With the evolution of technology, solar energy has become more than 85% cheaper, becoming the cheapest source available in most parts of the world. Today, a solar energy system can be more easily accessed for installation, whether at home, in a business or on a rural property. In Brazil, we have 1 million consumers served by our own generation of solar energy”, revealed Sauaia. 

The executive pointed out that solar energy is gaining strength in the wave of diversification of the energy matrix and attributes this growth to technology and innovation. “Today we have around 13 GW of installed capacity, almost an Itaipu in energy. The segment invests an average of 3% of revenues in innovation. Innovation is in our DNA”, emphasizes Sauaia. 

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