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Brazil: The giant potential in the production of green hydrogen to meet Europe’s energy needs

Written by Bruno Teles
Published 31/10/2023 às 16:27
Brazil: The giant potential in the production of green hydrogen to meet Europe’s energy needs
Brazil can be a solution for many countries facing an energy crisis, green hydrogen is the answer. (Image / Reproduction: CANVA)

After Russia's invasion of Ukraine, the European Union found itself needing to diversify its energy sources to reduce dependence on Russian oil. Brazil therefore appears as a light at the end of the tunnel, as it has a largely renewable energy matrix.

O green hydrogen, or H2V, is a source of clean energy which has been gaining the spotlight recently. Despite the high production cost, hydrogen It is the most abundant element in the universe. The challenge is to isolate it from other elements in an effective and sustainable way.

Water electrolysis appears as an effective, but costly, process that separates the hydrogen of oxygen, generating clean energy. More than 83% of Brazilian energy matrix comes from renewable sources such as wind, solar and biomass energy.

This scenario makes Brazil an ideal candidate for the large-scale production of green hydrogen. Since electrolysis requires a large amount of energy, there is nothing better than turning to a country that has plenty of clean energy.

Billion-dollar investments: the European Union bets big on Brazilian hydrogen

Green Hydrogen: THE DEFINITIVE Salvation for EUROPE (Video / Reproduction: Mastery in Business)

A European Union has already announced investments of around 2 billion euros in theproduction of green hydrogen in Brazil. Partnerships with Brazilian companies are already underway, as is the case with Unigel in Bahia, which has an initial contribution of 120 million dollars for the production of green hydrogen and green ammonia.

The world is going through a moment of energy transition. Oil, despite still being a key part of the global gear, has its days numbered.

O green hydrogen emerges as a promising alternative and Brazil, With its potential in renewable energy, it has everything it needs to be one of the leaders of this upcoming green revolution. The European energy crisis could be the missing spark to accelerate this change and place Brazil on the world map of energy. green hydrogen.

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Bruno Teles

I talk about technology, innovation, oil and gas. I update daily about opportunities in the Brazilian market. With more than 3.000 articles published in CPG. Agenda suggestion? Send it to brunotelesredator@gmail.com

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