The Italian-Brazilian Chamber of Commerce and Industry makes its mark in the energy sector

News from Câmara Ítalo-Brasileira de Comércio e Indústria

4 January 2024

HIGHLIGHTS AT OTC BRAZIL 2023 AND ANNOUNCEMENT OF THEMATIC COMMITTEE ON ENERGY AND SUSTAINABILITY FOR 2024

The Italian-Brazilian Chamber of Commerce and Industry has turned its focus to the energy and sustainability sector, presenting ambitious projects for 2024. In 2023, the organization brought together five Italian and one Brazilian company in the pavilion dedicated to the Offshore Technology Conference. The result exceeded expectations, highlighting the effervescence and success of the sector.

OTC 2023

The stand, which housed notable companies such as THEBB do Brasil Representações Ltda, Sitindustrie Valvometal Italy S.R.L., Pressbolt S.R.L., S.I.A. Safety Industrial Applications S.R.L., F.A.T.I. Electric Heater for Industry and F.A.D. Flange Acciaio e Derivati Spa, was a focal point at the OTC, held from October 24 to 26 at the Expo Mag Events Center in Rio de Janeiro. The companies presented innovative solutions and consolidated strategic partnerships, demonstrating the potential of Made in Italy in the energy and sustainability market.

2024: THEMATIC COMMITTEE ON ENERGY AND SUSTAINABILITY

For 2024, the Chamber is announcing the creation of a thematic committee dedicated to energy and sustainability. This committee is crucial given the growing importance of these issues on the global stage. With the transition to cleaner energy sources, the committee will seek to discuss and share knowledge on sustainable practices, energy efficiency, emissions reduction and regulatory policies. The recent successful participation in OTC Rio 2023 solidifies the relevance of this committee, enabling the development of joint strategies for sustainable growth.

ENERGY SCENARIO: ITALY AND BRAZIL

Italy, the second most significant country in terms of renewable sources in the European Union, stands out with 19.4% of its domestic consumption coming from renewable sources. This commitment exceeds the European average of 17.7%. Brazil, with 47% of its energy matrix coming from renewable sources, stands out globally, being more than three times higher than the world average. These figures provide fertile ground for bilateral trade relations and sustainable partnerships between the two countries.

The participation of Italian companies in OTC 2023 and the creation of the thematic committee for 2024 demonstrate the joint commitment of the Italian-Brazilian Chamber to boosting innovation and sustainability in the energy sector, contributing to the economic and environmental development of both nations.