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Investor Presentaiton

eneva Commitment 1: Reduce emissions < 32 > GRI 103-1, 103,2, 103,3 - Climate Strategy In 2020, according to the Climate Observatory and the Greenhouse Gas Emissions and Removals Estimation System (Seeg Brasil), the power generation sector was responsible for only 1.5% of GHG emissions in Brazil, while land-use change, and forests and agriculture accounted for 73% of the total. Brazil also has one of the cleanest energy matrices in the world, with 84% of renewable energy, mostly coming from hydroelectric and wind power, according to the Ministry of Mines and Energy. These are sources that guarantee supply to the system, but have intermittence due to natural conditions. For times when there are water crises, as it was in 2021, the electrical system needs complementarity of energy sources to guarantee the continuity of electrical supply. Natural gas is positioned as the main source for the national energy transition, being the safest and least polluting available, representing 9% of the Brazilian electricity matrix and being called upon to generate additional electricity when other sources are not available. It is also fundamental for the security of supply in isolated systems, in which there is a majority share of sustainability report 2021 diesel: in 2021, 95% of electricity generation in isolated systems was diesel, equivalent to a consumption of 1.3 million liters per day, generating an emission of 1.5 million tons of CO2 per year. In addition, in the 2021 Isolated Systems Auction, 65% of generation capacity was contracted to diesel, 28% to biodiesel and only 7% to natural gas - which demonstrates that there is great potential for growth and reduction of emissions in this region of the world. Country. Aware of our strategic position in the energy transition, we will invest in the coming years in a set of initiatives to reduce the intensity of GHG emissions in the energy generation sector. We will allocate resources to energy efficiency projects and carbon capture and storage technologies, execute the phase-out of coal-fired plants until 2040 and expand our portfolio of renewable generation plants. On this path, we have the ambition to reach Net Zero by 2050 - Scopes 1, 2 and 3 for natural gas power generation and Scopes 1 and 2 for E&P activities, with the following milestones in this journey: COAL BASE-YEAR 2020 0.57 tCO2e/MWh > 0.45 (gas) > 0.90 (coal) 2020 2040 No investment in new coal plants Phase-out until 2040 In line with Powering Past Coal Alliance commitment in COP26 RENEWABLES 2022 +670MW of Solar energy (Futura 1) R$960 MM in Renewables Acquisition from Focus COMMITED INVESTMENTS By 2030 New gas plants R$2.8 billion Jaguatirica Azulão TPP I Energy Efficiency R$ 2 billion Parnaíba V and VI closing of cycle Renewable R$ 2.74 billion Futura I solar complex Innovation R$500MM Investments in CCUS and Hydrogen projects 2030 COMMITMENTS By 2030 Isolated Systems (N) Up to 30% of tCO₂e emitted from the replacement of diesel by gas Natural Gas Reduce to 0.39 tCO2e/MWh the intensity of emissions E&P Compensate scopes 1 and 2 emissions in E&P 2050 + Ambition to achieve NET ZERO Gas: scopes 1, 2 and 3 E&P: scopes 1 and 2 Commitment to reduce the intensity of emissions in the natural gas power generation with investments in new technologies and the ambition to reach Net Zero by 2050 Intellectual and organizational capital
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