Although still small, the Brazilian biogas market has increasingly received investments from large fuel companies. Biogas is a mixture of carbon dioxide and methane used to generate electricity and fuel.
In recent years, the use of hydrogen as an energy source has become an agenda. After all, it is considered the fuel of the future, as it is a clean and renewable option.
It is not new that people use biogas as a source of energy. If the most common form of use is as fuel for power generation or in vehicles, biogas can also be sustainable and contribute to agriculture.
What is the role of bioenergy in achieving net zero emissions? Bioenergy currently accounts for two-thirds of renewable energy consumption worldwide and 12% of final energy consumption.
On 09/29, the National Agency of Petroleum, Natural Gas and Biofuels (ANP) approved ANP Resolution No. 886, which amends ANP Resolution No. 685.
Biomethane is a substitute for natural gas that can be generated from animal and plant sources. Understand about the approval of the resolution.
In 2022, even with increased energy demand in some countries, emissions from the energy sector are expected to decrease. The data is from the International Energy Agency (IEA) Electricity Market report, which points to a drop in overall global electricity demand of 2.4%. Thus, the values should pull emissions from the energy sector down, pointing to a decline of 0.5%.
More and more companies are investing in carbon credits and renewable energy. With the need to decarbonize the matrixes, governments and organizations are beginning to mobilize to reduce or eliminate their emissions of polluting gases.
The energy transition is the process of migrating from energy production based on fossil fuels, such as oil and coal, to a cleaner generation, investing in renewable sources, such as wind, solar and biomass generation.
Part of the large Brazilian companies have already understood the importance and relevance of ESG goals within organizations. Increasingly, environmental, social and governance issues become priorities with internal changes and even compensation programs for executives linked to the achievement of goals.