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Energy Efficiency

At a time when global warming and climate change are matters for concern worldwide, the improvement of energy efficiency is the most economical, the most effective, and the quickest solution to minimize the environmental impact brought about by the use of energy and to reduce carbon dioxide (CO2) emissions. This is even more relevant for expanding companies. Aware of these implications, Petrobras, the largest energy producer and consumer in Brazil, is doing its part. In May the matter was discussed internally during the 2008 Petrobras International Seminar on Energy Efficiency held in Rio de Janeiro with the participation of UN representatives, members of the Intergovernmental Panel on Climate Change (IPCC), and of the European Union as guest speakers. Besides, the company implements projects and initiatives in this area. The idea is to grow, which means a greater consumption of energy, but to make this consumption efficient, reducing waste and losses to the environment, thereby making Petrobras’ activities increasingly sustainable.

"Energy efficiency is an economical, efficient, and fast solution to mitigate climate change"

Improving energy efficiency also brings other advantages. It saves natural resources, such as oil and gas. It reduces production costs. It makes possible the production of more competitive and cheaper goods. It improves companies’ economic performance. It reduces the need to invest in energy infrastructure because it is cheaper to conserve than to generate energy. It means that more monetary resources can be invested in other projects. In addition, it assures the return on investments made, since the investments are recovered during the useful life of the equipment as a result of the energy economy achieved. “In this regard, considering that 86% of the energy presently consumed in the world is fossil fuel and non-renewable, increasing energy efficiency means, in effect, saving resources for future generations,” highlights the Petrobras executive manager for Energy Development, Mozart Schmitt de Queiroz.

The president of Petrobras, José Sergio Gabrielli, at the Petrobras Energy Efficiency International Seminar 2008, encouraged the labor force to consume energy more efficiently
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