Neoenergia Invests in Sustainability Initiatives Related to the Power Grid

Written by Paulo Nogueira

Published on 04/07/2022 at 10:39

Updated on 02/02/2023 at 19:23

Foto: Neoenergia/Divulgação

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Use of Vegetable Oil-Powered Transformers and Reuse of Tree Pruning Are Initiatives That Promote Benefits for the Environment

The modernization and change in the profile of electricity sector customers have accelerated transformations, efficiency gains, and the development of new products and services. Neoenergia Brasília, for example, has started acquiring only ecological transformers for use in the power grid. Additionally, the distributor recently launched an initiative aimed at promoting the sustainable management of shredded waste from pruning done on trees located near the grid.

Through actions like these, which reinforce Neoenergia’s commitment to sustainable development in the regions where it operates, the company maintains responsible ESG (environmental, social, and governance) practices and adds value for society, shareholders, and all stakeholders. Present in Brazil for 25 years, the company is a pioneer in the energy transition in the country. Among its goals for 2030 is to situate emissions intensity below 50 grams of CO2 per kWh generated, aiming to achieve carbon neutrality by 2050.

Vegetable oil-insulated transformers present a series of advantages over traditional ones that use mineral oil. In addition to reducing environmental impact, the new models are more efficient, safe, and stable. Being resistant to high temperatures, they have a higher flash point – which reduces the risk of fire – and do not emit carbon dioxide (CO²). In 2022, Neoenergia Brasília invested R$ 4 million in the acquisition of 314 transformers; of this total, 200 units were delivered and 105 are already in operation on the streets of the Federal District.

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Another highlight is the partnership established with the Federal District State Secretariat of Agriculture, Supply, and Rural Development (SEAGRI) so that all shredded solid waste from tree pruning carried out by the distributor is donated and passed on to local rural producers. Since the second half of 2021, about 350 tons of waste delivered have benefited 65 rural producers, who have begun to use the material in activities such as composting, mulch for soil, substrate for growing plants and flowers, among other actions.

ABOUT NEOENERGIA: Publicly traded company with shares (NEOE3) listed on the São Paulo Stock Exchange. Part of the Spanish group Iberdrola, the company has been operating in Brazil since 1997 and is currently one of the leaders in the country’s electricity sector. Present in 18 states and the Federal District, its businesses are divided into generation, transmission, distribution, and commercialization areas. Its distributors, Neoenergia Coelba (BA), Neoenergia Pernambuco (PE), Neoenergia Cosern (RN), Neoenergia Elektro (SP/MS), and Neoenergia Brasília (DF), serve over 15 million customers, equivalent to a population of more than 37 million people.

Neoenergia has 4 GW of installed capacity in generation, 88% of which is renewable energy, and is implementing an additional 0.7 GW with the construction of new wind and solar parks. In transmission, there are 2,300 km of lines in operation and 4,300 km under construction. Through the Neoenergia Institute, it fosters sustainable development through socio-environmental actions and thus contributes to improving the quality of life of the communities where the company operates, especially vulnerable people, always aiming for sustainable development. As part of its commitment to increase women’s participation in society, the company supports the Brazilian women’s football teams and the Neoenergia Women’s Brasileirão championship. Since January 2021, it has been part of the portfolio of the Corporate Sustainability Index of B3 – Brazil, Stock Exchange, and OTC – which gathers companies with the best practices of governance and corporate sustainability.

Source: NeoEnergia

Neoenergia Invests in Sustainability Initiatives Related to the Power Grid

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Neoenergia Invests in Sustainability Initiatives Related to the Power Grid

Use of Vegetable Oil-Powered Transformers and Reuse of Tree Pruning Are Initiatives That Promote Benefits for the Environment

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China has been trying for 13 years to build a railway in the Gobi Desert to reach Mongolia, and there are still 20 kilometers left that no one can finish due to a problem that seems impossible to solve.

Larger than entire cities in Brazil: BYD is building a 4.6 km² complex in Bahia with a capacity for 600,000 vehicles per year, but the discovery of 163 workers in conditions analogous to slavery has shaken the entire project.

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

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