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Renewable Energies in Focus at Rio Innovation Week: Panel Discusses New Paths for Electric Energy at Latin America’s Largest Innovation Event

Written by Paulo Nogueira
Published on 17/01/2022 at 18:15
energias renováveis Rio Innovation Week
Painel no evento, ocorrido no último fim de semana, reuniu vários especialistas em energia
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The Panel “Transformations in the Energy Sector,” Held on Sunday (01/16), Brought a Discussion About Renewable Energy in Brazil

The Rio Innovation Week was undoubtedly a great event, featuring significant participation from companies, the Government, and society. It could not, therefore, overlook topics such as renewable energy, a market that has been growing significantly in Brazil, especially pressed by the recent major energy difficulties, thanks to the worst water crisis in the last 91 years.

The panel “Transformations in the Energy Sector” stood out during the event, bringing valuable information and insights about renewable energy, as well as the importance of oil and gas in this transition, including positions for the future of these sectors. The panel featured representatives from the solar market (represented by Rodrigo Lopes Sauaia, Executive President of Absolar), the wind energy market (represented by Elbia Gannoum, CEO of the Brazilian Wind Energy Association), and the oil and gas market (represented by Fernanda Delgado, Corporate Executive Director of the Brazilian Institute of Oil and Gas).

Everyone agrees that changes to Brazil’s energy matrix are necessary, especially to reduce its dependency on hydroelectric energy, as climate variations, once merely an ecological concern, are negatively affecting society and businesses in general, generating a considerable increase in the cost of electricity.

Partnerships for the Future of Renewable Energies

In the photo, Elbia Gannoum, CEO of the Brazilian Wind Energy Association (ABEEólica); Rodrigo Lopes Sauaia, Executive President of the Brazilian Solar Photovoltaic Energy Association (Absolar); Fernanda Delgado, Corporate Executive Director of the Brazilian Institute of Oil and Gas (IBP) and Gabriela Ruddy, Reporter for Valor Econômico. Image Source: O Globo

In order to diversify Brazil’s electric matrix with alternative energies, there are various options that were pointed out by experts during the panel.

From biogas to microgeneration, whether solar, wind, or even hydroelectric, the need for private sector intervention in renewable energy generation has been widely discussed.

An interesting example of growth, which seems impressive in isolation but is not so remarkable in the overall picture, is that of solar microgeneration.

Even with the milestone of one million consumers served by self-generated solar energy, in the universe of total energy consumers in Brazil, this represents only 1% of the total, indicating there is a long way to go.

Another very interesting issue raised during this panel was the participation of the oil and gas market in this energy transition.

Many consider that the oil and gas sector is antagonistic to the changes brought about by renewable energies, but that is not the reality. There is, in fact, as stated by Fernanda Delgado, an extremely interesting synergy between the offshore wind market and the oil and gas market.

This is because the oil and gas market has maritime expertise, which could be beneficial for the installation of offshore wind generators, so much so that this has been a segment widely sought after by international oil companies in Brazil.

“The wind industry can collaborate with the oil industry and, with this leverage, we create and boost offshore wind projects. There is a huge synergy in how to utilize vessels, ports, and structures. Furthermore, all the end-of-line production from the oil industry, which we call decommissioning, can be utilized for the wind industry. There is a lot of synergy. There are business opportunities, there is money on the table, and energy is being created.”

Decarbonization in Mind to Meet COP 26 Goals.

As expected, COP 26 was also a topic during this panel, pointing out that it is necessary to vary between different sources so that Brazil can create a versatile renewable energy matrix that is independent of fossil fuels.

The oil and gas market itself has been seeking its own alternatives to reduce dependence on fossil fuels.

In addition to green hydrogen, research is being conducted into the application of new biofuels and green hydrogen, so that Brazil can not only adapt to changes but also become a leading country in the new energy reality of the world.

Paulo Nogueira

Eletrotécnica formado em umas das instituições de ensino técnico do país, o Instituto Federal Fluminense - IFF ( Antigo CEFET), atuei diversos anos na áreas de petróleo e gás offshore, energia e construção. Hoje com mais de 8 mil publicações em revistas e blogs online sobre o setor de energia, o foco é prover informações em tempo real do mercado de empregabilidade do Brasil, macro e micro economia e empreendedorismo. Para dúvidas, sugestões e correções, entre em contato no e-mail informe@en.clickpetroleoegas.com.br. Vale lembrar que não aceitamos currículos neste contato.

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