Investor Presentaiton
eneva
"The Brazilian energy strategy considers the use of its oil
and gas reserves until 2050 to ensure the sustainable
development of the nation, since the resources from the
collection and commercialization will be fundamental for
energy security, economic development and the Brazilian
energy transition itself"
Source: Ten-Year Energy Expansion Plan 2031
The set milestones consider, in addition to our
internal projections with multidisciplinary analytical
scope, external sources of sectoral relevance,
including the information of the Empresa de
Pesquisa Energética (EPE), provided in the Ten-Year
Expansion Plan updated annually. According to
the last document, which went through public
consultation, with contributions received until
February 2022, in the period 2021-2031 the
consumption of energy per capita is expected to
grow at an average rate of 1.9% per year in Brazil.
The Plan also highlights the acceleration of the
development of the hydrogen market that, with
different technological routes and production
supplies, may result in business opportunities for
the oil and gas, renewable, biofuels, electrical and
other energy sources industries. The theme is part
of our innovation and R&D initiatives.
For the energy transition, the document considers
that, under the socio-environmental context, the
sector should include bioenergy and renewable
energy production initiatives. From this perspective,
with the acquisition of Focus, we ensure the
diversification of energy generation sources and
obtained access to a large customer base of the
Free Market. To this end, we have restructured our
marketing area to offer qualified and competitive
new business models that will enable the
monetization of assets and ensure growth and
diversification in a profitable and sustainable way
over time. It will also allow us to offer customized
and integrated power generation solutions to an
increasing number of consumers who, in a new
market, will gain optionality and will be able to
choose their own suppliers.
There is an emphasis on the growing need
for natural gas in the electricity sector, which
plays an important role for the national energy
strategy, ensuring the stability of the electricity
system in periods of intermittency. Therefore, we
will use our logistical advantage to democratize
the arrival of gas to regions with less access to
energy, promoting more competitiveness to the
processes of our future customers and enabling
this source as a replacement solution for more
polluting liquid fuels, such as diesel and fuel oil.
In this context, for the maintenance of a
renewable generation matrix, natural gas holds
the position of the main fossil fuel enabling the
expansion of clean energy generation in Brazil,
since wind and solar generations, dependent on
the occurrence of wind and sun, are intermittent
and, therefore, not continuously dispatchable.
ESG principles drive our planning and encompass
the decision not to invest further in new coal-
generating assets. In line with the Powering Past
Coal Alliance commitments made at COP26, we
plan to phase-out our coal assets by 2040 as
part of the path to achieve our ambition to reach
Net Zero by 2050. The process will be conducted
in order to minimize as much as possible the
impacts to employees of these plants, community
and other stakeholders.
"Thus, natural gas plays a central role in the security of
supply of the Brazilian energy system, a safe intake to be
triggered when renewable generation is unable to meet the
demand for electricity."
Source: Ten-Year Energy Expansion Plan 2031
sustainability report 2021
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Intellectual and organizational capitalView entire presentation