With A Central Role In Decarbonization And Responsible For A Significant Share Of GDP, The Oil And Gas Sector Promises To Assist In The Diversification Of Brazil's Energy Matrix

With A Central Role In Decarbonization And Responsible For A Significant Share Of GDP, The Oil And Gas Sector Promises To Assist In The Diversification Of Brazil’s Energy Matrix

Written by Flavia Marinho

Published on 06/06/2022 at 08:50

Updated on 27/06/2022 at 17:13

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Wind Sector in the Country Has Potential for 50 GW in Onshore Generation and 1,000 GW in Offshore Installations; Oil and Gas Industry Will Further Contribute to the Energy Transition Process Through Technological Development

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

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

The executive emphasized that the oil and gas industry will further contribute to the energy transition process, primarily through technological development. Fernanda Delgado mentioned 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.

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Solar Energy Gains Strength, Reaches 13 GW of Installed Capacity, Almost One Itaipu in Energy, and Brazil Reaches 1 Million Consumers Served by Self-Generation

“In the last 10 years, we installed 10 GW [of wind generation capacity]. Today, in 2022, we are already at 21 GW, and in three years, we will install another 10 GW. This demonstrates the speed of implementation in the sector. Our contracting since 2018 has also grown, reaching 4 GW/year,” said Gannoum, emphasizing that the wind sector in the country has the potential for 50 GW of onshore generation and 1,000 GW of offshore installations. “We also have a national industry. About 80% 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 Solar Photovoltaic Energy Association (ABSOLAR), 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 over 85% cheaper, becoming the cheapest source available in most of the world. Today, a solar energy system can be more easily accessed for installation, whether at home, in a business, or on a farm. In Brazil, we have 1 million consumers served by self-generated solar energy,” Sauaia revealed.

The executive emphasized that solar energy gains strength in the wave of diversification of the energy matrix and attributes this growth to technology and innovation. “We have about 13 GW of installed capacity today, almost one Itaipu in energy. The segment invests on average 3% of its revenue in innovation. Innovation is in our DNA,” emphasizes Sauaia.

With A Central Role In Decarbonization And Responsible For A Significant Share Of GDP, The Oil And Gas Sector Promises To Assist In The Diversification Of Brazil’s Energy Matrix

Wind Sector in the Country Has Potential for 50 GW in Onshore Generation and 1,000 GW in Offshore Installations; Oil and Gas Industry Will Further Contribute to the Energy Transition Process Through Technological Development

Also Read

Solar Energy Gains Strength, Reaches 13 GW of Installed Capacity, Almost One Itaipu in Energy, and Brazil Reaches 1 Million Consumers Served by Self-Generation

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

Labubu officially arrives in Brazil in June with prices up to R$ 799.99, attempts to curb the invasion of counterfeits, and turns serrated-tooth dolls into a new craze among collectors.

Luciano Hang, owner of Havan, surprises and announces R$ 100 million to employees with the advance payment of the PPR and 13th salary for more than 23,000 employees during the 40th anniversary of the retailer, which aims to reach 200 megastores in Brazil.

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With A Central Role In Decarbonization And Responsible For A Significant Share Of GDP, The Oil And Gas Sector Promises To Assist In The Diversification Of Brazil’s Energy Matrix

Wind Sector in the Country Has Potential for 50 GW in Onshore Generation and 1,000 GW in Offshore Installations; Oil and Gas Industry Will Further Contribute to the Energy Transition Process Through Technological Development

Also Read

Solar Energy Gains Strength, Reaches 13 GW of Installed Capacity, Almost One Itaipu in Energy, and Brazil Reaches 1 Million Consumers Served by Self-Generation

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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The world could operate on clean electricity by 2050, but a study indicates that this would require up to 20 TW of renewable energy, more than 9 million hectares for solar, and strong cooperation between countries.

Labubu officially arrives in Brazil in June with prices up to R$ 799.99, attempts to curb the invasion of counterfeits, and turns serrated-tooth dolls into a new craze among collectors.

Luciano Hang, owner of Havan, surprises and announces R$ 100 million to employees with the advance payment of the PPR and 13th salary for more than 23,000 employees during the 40th anniversary of the retailer, which aims to reach 200 megastores in Brazil.

The largest beach in the world is in Brazil and is ‘stealing’ objects: a beach up to 254 km in RS makes rings, keys, and wallets disappear in the sand before reappearing days later in a phenomenon explained by coastal dynamics.

Brazil changes its status and reaches a very high level of human development for the first time, shows IBGE.

A viaduct over 40 years old in a city in Minas Gerais was closed due to the risk of collapse, blocked routes for months, exposed maintenance failures, and now requires a R$ 1.7 million project to prevent a collapse in the urban heart for decades.