The energy market in Brazil has undergone a remarkable evolution in 2023, driven by a mix of favorable government policies, technological advances and a growing interest in clean and renewable energy sources.
The recent trajectory of energy auctions in Brazil illustrates a panorama of significant opportunities and robust expansion in the energy sector. Under the aegis of the Ministry of Mines and Energy (MME), the country is witnessing a series of initiatives that reinforce its commitment to the energy transition, the diversification of the energy matrix and sustainable development.
Green hydrogen, considered the “fuel of the future”, is at the center of discussions about the global energy transition. Produced through renewable sources, such as wind and solar energy, it does not emit carbon, being an alternative to fossil fuels. Its versatility makes it a valuable input for industries such as fertilizers, cement and petrochemicals, as well as being a potential fuel for maritime and air transport.
Brazil assumed the rotating Presidency of the group of the 20 largest economies in the world in December 2023, with the main objective of highlighting the transition to sustainable energy sources, promoting reforms in the global governance model and intensifying efforts in the fight against inequality and hunger.
In November 2023, the world will turn its eyes to Dubai, where the 28th edition of the Conference of the Parties (COP28) will take place, a crucial event on the global climate agenda. Organized by the United Nations Framework Convention on Climate Change (UNFCCC), COP28 represents an important milestone in the fight against climate change and in promoting a sustainable energy transition.
Facing the challenge of climate change, the transition to clean energies, particularly solar power, emerges as a crucial solution. Solar energy, boosted by technological advancements and cost reductions, offers a sustainable alternative to reduce carbon emissions. Brazil, with its vast natural resource potential, takes a leading role at the 28th United Nations Climate Change Conference (COP 28).
In the current context, replacing diesel with renewable energy sources is an urgent need and an opportunity to mitigate the effects of climate change. Diesel, a fossil fuel, is a major emitter of greenhouse gases (GHGs), contributing significantly to global warming. The transition to renewable energy is, therefore, a strategic action to reduce GHG emissions and move towards a more sustainable and ecological economy.
In an era marked by the urgent need for energy transition and sustainable practices, Rio de Janeiro takes a significant step towards the future. The wonderful city, known for its natural beauty, now stands out for an innovative initiative: transforming an old landfill into a solar energy plant.
In a world increasingly aware of environmental, social and governance impacts, the concept of ESG (Environmental, Social and Corporate Governance) has gained prominence on the global corporate scene. Brazil, with its vast biodiversity and complex social structure, is at the epicenter of this transformation, seeking to balance economic development with sustainability. The Deep Meaning of […]
Brazil, with its vast territorial extension and wealth in natural resources, is uniquely positioned to lead the energy transition in Latin America. This transition, which involves switching from non-renewable to renewable energy sources, is more than a global trend – it is an urgent need.