A OK informed that All the electrical energy used in its operations in Brazil in 2023 came from renewable sources, such as solar, wind and hydro plants.
With this, the company achieved the goal of 100% renewable electricity consumption in the country two years before the deadline predicted by the company, which was 2025.
Achieving the target means that the Vale zeroed its indirect CO2 emissions in Brazil.
A company still has the challenge to achieve 100% renewable energy consumption in its global operations up to 2030. At the moment, this indicator is at 88,5%
“We are announcing an important milestone in Vale’s decarbonization strategy, which seeks to reduce its CO33 emissions by 2% by 2030 and bring its net emissions to zero by 2050,” explained Ludmila Nascimento, director of energy and decarbonization at Vale.
solar complex
For the goal to be achieved two years before the deadline, the company highlighted that the entry into operation of the Sol do Cerrado complex was essentialin November 2022.
Located in Jaíba (MG), the solar park represented an investment of R$3 billion by Vale. It is one of the largest solar energy parks in Latin America, with installed power of 766 MWp, equivalent to the consumption of a city of 800 thousand inhabitants.
In July 2023, the complex reached its maximum capacity, with its potential contribution representing around 16% of all electrical energy consumed by Vale in Brazil.
When did Vale’s decarbonization begin?
A Vale started decarbonization of its activities in the 1990s, when the company acquired its first hydroelectric plants.
Today, Vale is supplied by a portfolio of renewable energy 2,6 GW of installed capacity, equivalent to the consumption of more than 3 million inhabitants.
There are 14 assets held through direct and indirect participation in consortiums and companies, being ten hydroelectric plants, three wind farms and the Sol do Cerrado park.
The company also invests in partnerships in t ventures, PPAs (renewable generation certificates in contracts) and innovation initiatives for efficiency in the use of batteries.
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