Agreement was reached during a meeting of energy ministers in Foz do Iguaçu (PR); access to clean cooking is another goal in the period
The Minister of Mines and Energy, Alexandre Silveirapresented this Friday (4.Oct.2024) the result of the meeting between energy ministers from the G20 – a group of 19 countries with the largest economies on the planet, plus the European Union and the African Union – which took place in Foz do Iguaçu (PR ). The agreement created by Silveira sets a goal of tripling the supply of renewable energy sources by 2030.
It is the first time since 2021 that G20 energy ministers have reached an agreement to accelerate the energy transition. Another goal of the plan is to achieve universal access to clean cooking over the same period, which means replacing indoor firewood and charcoal with cleaner sources for cooking. Read the complete of the ministerial declaration (PDF – 33 kB).
Despite being a document valuing renewable sources, the ministerial declaration also talks about the importance of maintaining energy security through safer energy flows to face the intermittency of renewable sources, especially wind and solar.
The letter gives as an example the encouragement of hydroelectric energy and the development of batteries to store energy produced by renewable sources, but it also paves the way for continued investment in sources that guarantee “market stability” and the “increasing energy demand”.
This section is extremely important for Brazil, which seeks to position itself as a leader in the energy transition, while also targeting oil exploration in the Equatorial Margin. THE Petrobras hopes to obtain the environmental license to explore the region in 2024.
“We emphasize the importance of maintaining uninterrupted flows of energy from multiple sources, suppliers and routes, exploring pathways to increase energy security and market stability, including through inclusive investments to meet growing energy demand, in line with our objectives of development”says the document.
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