About this event
The EIC is happy to announce the Breakfast in Rio: Low Carbon Opportunities with Eletrobras and Acelen
Eletrobras is a key player in Brazil's energy sector, driving the global energy transition with one of the cleanest electricity matrices worldwide. Approximately 96% of its installed capacity comes from low-carbon sources, primarily hydropower (94.6%). Committed to achieving net-zero emissions by 2030, the company completed the divestment of its coal and natural gas thermal assets in 2024.
In green hydrogen development, Eletrobras has been studying various projects and was responsible for the Itumbiara-GO plant as part of an R&D project. This was the first plant to become operational in Brazil and also the first to be certified by CCEE, verifying the origin of its production from low-carbon emission sources.
Acelen was founded and established by Mubadala Capital, and in December 2021, Acelen acquired the Landulpho Alves refinery (RLAM) in Bahia, now known as the Mataripe Refinery, previously operated by Petrobras. Since then, Acelen has been making significant strides in Brazil’s energy transition with various renewable energy projects.
The company is developing a biofuel plant at the Mataripe Refinery in Bahia with an estimated investment of US$3bn, aimed at producing 1 billion litres per year of green diesel and sustainable aviation fuel (SAF) derived from macaúba, a native Brazilian plant. The facility will have a production capacity of 20,000 barrels per day, equivalent to supplying 1.1 million vehicles annually.
To support the cultivation of macaúba, Acelen is developing the Acelen Agripark in Montes Claros, Minas Gerais. This agricultural technology and innovation centre aims to domesticate macaúba for large-scale cultivation, using degraded land and avoiding competition with other crops. The project is being developed in partnership with over 20 research institutions, including Embrapa and the University of São Paulo (Esalq/USP).
The biofuel project, included in the Federal Government’s Growth Acceleration Programme (PAC), is expected to generate US$16bn in economic activity, and reduce CO2 emissions by up to 80% by replacing fossil fuels. Initially, the production of green diesel and SAF will be geared towards international markets, where these products are already approved for commercialisation and consumption.
Event Details:
Date: Tuesday, 25 March 2025 - 09:00 AM to 12:00 PM (BRT)
Location: Avenida Rio Branco, 1 – 14º andar Centro, Rio de Janeiro – RJ
Ticket price: EIC Members: R$330 | Non-members: R$400
*We would like to inform you that, due to rising costs for the venue, catering, and other suppliers, ticket prices for events from March onwards will be subject to a slight adjustment. You can secure your ticket for March and April breakfasts at the 2024 rate by 15th March. The last price adjustment for EIC events was in 2023.
Opening remarks:
Helena Crowther, Deputy Director DBT Brazil & Deputy Consul-General Rio de Janeiro.
Speakers:
Henrique Agosto Verdan, Executive Management of New Technologies - Eletrobras
Carlos Arentz, Consultant - Acelen
*This event will be held in Portuguese.
*The delegate lists distributed on the day of the event will include the names of those registered up to 2 days prior to the event date. In the days following the event, we will send an email with an updated delegate list with the names of all participants who registered after that deadline.
If you are interested in enhancing your company's presence at this event, our events team has developed special sponsorship packages that will certainly meet your demands! Please feel free to contact us via email at rio@the-eic.com.