1 minute read

SNAPSHOT BY COUNTRY Brazil

Next Article
SURVEY RESULTS

SURVEY RESULTS

The Brazilian Hydrogen Association (ABH2) indicates that the country has the potential to achieve a true industry for green hydrogen; and, with plenty of sunshine and good winds, the country’s Northeast Region opens its doors to the fuel of the future with 17 projects from international companies.

According to the Ministry of Mines and Energy, Brazil has great potential to stand out in this technology and be an energy exporter, since more than 80% of the electricity matrix comes from renewable sources.

Advertisement

Brazil can capture close to 6% of the world’s total green hydrogen supply through 2050, with the market gaining scale after 2030. Only 20% of the country’s green hydrogen facilities will be connected to the grid. The majority of these projects will be off grid and part of it will be supported by offshore wind, alongside other renewables, which will play a key role in the country’s future economy and long term position as a global energy exporter.

News And Initiatives

The first green hydrogen plant in Latin America is under construction in the port of Pecem. Brazil will produce what is called: blue hydrogen (Suape port) with an estimated investment of US $3.5 B for 1 GW (gigawatt) of capacity.

Brazilian chemical company Unigel is investing of US $120 M, in the development of the first industrialscale green hydrogen plant in Brazil. Incorporating electrolyzer technology by Thyssenkrupp Nucera. The plant is expected to come online in late 2023.

This article is from: