Changing the energy matrix could be driven by palm oil

The product has a potential oil yield per hectare ten times higher than soybeans
January 16, 2024
Palm oil aims to replace the use of fossil fuels, being a renewable raw material

The global search for alternatives to fossil fuels is gaining prominence, and Brazil is emerging as a potential leader in this scenario, driven by a diversified energy matrix. Brazilian companies, such as Grupo BBF ( Brasil BioFuels), are emerging in this context, being the largest producer of palm oil in Latin America.

Palm oil, known as dendê, has an oil production potential per hectare ten times greater than soy, with a chemical structure similar to that of fossil fuels. This makes it highly efficient for the production of second-generation biofuels, such as SAF (Sustainable Aviation Fuel) and Green Diesel (RD).
Grupo BBF has been operating for 15 years and grows palm oil in degraded areas in the Amazon, using the oil to produce biofuels and generate clean electricity in isolated regions. The company generates more than 6,000 direct jobs and 18,000 indirect jobs, making it the largest palm oil producer in Latin America.

Currently, Grupo BBF cultivates more than 75,000 hectares in the states of Pará and Roraima, producing more than 200,000 tons of palm oil a year. The company's vision goes further, contributing to Brazil's energy transition by producing biofuels for various purposes.

Legislation only allows cultivation in deforested areas

Brazil, with its vast area available, has the potential to grow oil palm sustainably in degraded areas in the Amazon region. Strict legislation, established in 2010, allows cultivation only in areas deforested by December 2007, making it possible to generate 186 billion liters of palm oil annually.

"The company was founded with the aim of changing the energy matrix of the Isolated Systems in the North of Brazil, creating jobs, generating income and reducing the cost of electricity for the population, based on a sustainable and clean matrix, replacing the use of fossil diesel oil with biodiesel made from palm oil. Over the years, it has been possible to extend our operations to an even greater mission, to contribute to the country's energy transition, producing biofuels for other purposes as well," says Milton Steagall, CEO of Grupo BBF.

From 2026, Grupo BBF will supply SAF and Green Diesel to Vibra Energia, using palm oil grown in the Amazon. According to the company, the investment will be more than R$2.2 billion in a new biorefinery for industrial-scale production.

Read the full story at: https://www.oliberal.com/economia/mudanca-da-matriz-energetica-pode-ser-impulsionada-pelo-oleo-de-palma-1.768042

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