How a joint venture between large fuel companies can strengthen energy transition actions

Abstract

Extreme weather events, such as rain, dry spells, and heat waves, demonstrate that there is a change in the climate pattern on the planet. This phenomenon known as greenhouse gases (GHG) is a consequence of increased levels of respiratory gases that prevent the passage of sunlight. In this context, energy generation and its environmental impacts emerge as one of the precursor agents of this climate balance. The energy transition is fundamental, not only in generation, but also in transmission, consumption, and reuse. The article presents a case study of a joint venture between ALFA and BETA companies in the initiative to contribute to the theme of energy transition in the strategy of assisting the efficiency of ethanol produced by the company BETA. The partnership placed them at a privileged level in the ethanol market, the biofuel considered a key player in decarbonization in Brazil. The survey results, various ecological and environmental benefits for the two companies, such as reduced dependence on fossil fuels, environmental benefits, economic development, competition with other agricultural activities, and impact on food prices.

DOI:https://doi.org/10.56238/sevenIVmulti2023-012