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

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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

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

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Brazil already has the largest electric buses in daily operation in the world: Goiânia has put 28-meter giants from Volvo on the streets to transform urban transport, placing the country at the center of a new showcase for urban mobility.

NASA announces the first interplanetary nuclear spacecraft in history destined for Mars and technology created to usher in a new era in deep space exploration: meet the SR-1 Freedom, equipped with a fission reactor and three helicopters inspired by Ingenuity to map Martian ice.

With 93 companies selling armored vehicles, aircraft, and monitoring systems to 148 countries, Brazil’s defense industry is doubling exports and is on track to break all records in 2026.

Brazil and Sweden finalize a military agreement to jointly train pilots, share experiences with the Gripen fighter, and allow Swedish crews of the KC-390 to train on Brazilian soil over the next two years.

Scientists warn that Earth’s oxygen has an expiration date and that the Sun itself will be responsible for ending the air we breathe by making photosynthesis impossible in about one billion years.