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In The Midst Of The Transition To A Carbon-Neutral Economy, Electric Companies Participate In A Workshop This Tuesday (24) And Wednesday (25).
At an event sponsored by Eletrobras, speakers will discuss alternatives for sustainable finance to fund projects in the sector, taking into account mainly the transitional phase to a carbon-neutral economy.
The emission of carbon dioxide (CO2) is one of the main causes of climate change worldwide. Once trapped in fossil fuels – coal, oil, and natural gas – carbon, when burned, is released as CO2. Its concentration is harmful to the atmosphere and hit a record in 2019: 415 parts per million.
Therefore, the aim is for a carbon-neutral economy, where its effects are neutralized or offset: when an activity does not increase the amount of gases that cause the greenhouse effect, or when the same amount of gas is emitted into the atmosphere as is removed through various means – thus leaving a zero balance.
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While heat evaporates water from reservoirs and countries seek new areas for clean energy, Morocco is testing floating solar panels that function as an energy lid and also generate electricity.
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China occupies the desert with a 2 GW solar power plant in Inner Mongolia, installs elevated panels that create shade and humidity over the sand, and transforms a 2.96 billion kWh per year farm into an unexpected weapon against desertification.
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Saudi Arabia is building in Oxagon a US$ 8.4 billion mega green hydrogen plant with 4 GW of solar and wind energy, 5.6 million solar panels, and capacity to produce 600 tons per day, transforming the desert into one of the planet’s largest clean fuel factories.
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Germany and Denmark will transform Bornholm into a Baltic power island, connecting 3 GW of offshore wind power to the grids of the two countries via submarine cables and turning a real island into an international energy hub.
Conference: Participants, Dates, Times, And Platform
The speakers include Alexandre Siciliano Esposito, head of the Department of Energy at the National Bank for Economic and Social Development (BNDES), Isabelle Frederique, senior financial specialist at the Inter-American Development Bank (IDB), and João Costa, director of sustainability at the International Hydropower Association (IHA), based in London, United Kingdom.
They will discuss sustainable finance instruments, also addressing expectations in the Americas for this type of financing. Additionally, the topic of sustainability standards for hydropower plants will be discussed.
Also present will be Gil Maranhão, the director of Communications and Corporate Responsibility at ENGIE, a leading private energy company in Brazil. Gil will be on the panel discussing the topic “Sustainability Standards for Hydropower Plants,” presenting the case of the São Salvador plant, which was part of the green bond globally issued by ENGIE.
From Eletrobras, Luiz Augusto Figueira, director of Corporate Management and Sustainability, and Pedro Jatobá, executive director of Generation at EDP, will participate.
Companies such as EDP, Enel, and Neoenergia, among other consulting firms in the sector, will complete the discussion panels, which will be broadcast via Zoom from 2:30 PM to 5 PM on Tuesday, and from 1:30 PM to 5 PM on Wednesday.
Information About Eletrobras
The largest electric sector company in Latin America and a leader in electricity generation and transmission in Brazil, Eletrobras contributes in all regions of Brazil to making the national energy matrix one of the cleanest and most renewable in the world. It also operates in the segments of marketing and energy efficiency.
Energy Efficiency And Its Benefits
Energy efficiency refers to activities that aim to improve the use of energy sources. Also known as rational use of energy, it consists of managing energy efficiently to achieve a certain result. In energy efficiency, there is a relationship between how much energy is used in an activity and how much is available for its execution.
In this way, the use of energy sources is optimized to reduce costs and help the environment. In other words, it is about carrying out processes while consuming less.
In this regard, a solution pointed out by the National Institute of Energy Efficiency (INEE) is distributed generation, or DG. The idea is to reduce the distance between where energy is generated and where it is consumed, through the implementation of technologies such as: emergency generators, renewable energy sources, co-generators, hydropower plants, among others. This way, fewer losses in energy transmission will occur. The shorter the distance between generation and consumption, the greater the energy efficiency.
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