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Green hydrogen market, the fuel of the future, can boost Brazil's economy by generating more than 10 thousand jobs. Analysts highlight that investments in the sector could exceed R$200 billion.
There is nothing simpler in nature than hydrogen, which is the first chemical element on the periodic table, found in water molecules and atmospheric air and, outside the planet, accounts for 75% of the mass of the entire Universe. Currently, the green hydrogen, produced through renewable sources, promises to be the fuel of the future and Brazil can become a true global power, generating thousands of jobs.
Investments in the Brazilian green hydrogen market that promise to generate thousands of jobs
To get an idea, in Piauí, works related to hydrogen production are expected to generate at least 10 thousand jobs in the state by 2027. The projection was carried out by Victor Hugo Almeida, president of Invest Piauí. By the year 2035, the perspective is generation of over 60 thousand jobs. According to Almeida, the State Government hired two international institutions with experts in the sector to evaluate the impact of the investment, both on job creation and on the state's economy.
According to the president, two researchers were hired, in fact, two institutions, who are with Investe Piauí studying the entire economic sector of green hydrogen in Piauí, so that the numbers are more similar.
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However, these are thousands of jobs that will be created throughout this chain, in the works and obviously then in the fuel operation of the future. In this way, there will also be qualified jobs, there is a demand for engineers, so this will also generate a significant wage bill for the state of Piauí.
Investment in green hydrogen in Piauí could exceed R$200 billion
The president of Investe Piauí also highlighted that the State Government plans to inject up to R$200 billion into the Piauí economy with the bold project to use green hydrogen. According to Almeida, if you take into account the electrical energy generation that will be achieved with the fuel of the future, these are extremely significant numbers of energy generation.
Therefore, it is somewhere between R$160 and R$200 billion by 2035. Therefore, we can imagine how this could impact the result: a repositioning of the state of Piauí as the economic leader in the northeast region.
Victor Hugo Almeida embarked on Wednesday (29) with Governor Rafael Fonteles (PT) for Dubai along with President Lula's (PT) delegation. At the event, they will also present the future fuel project.
Understand the importance of green hydrogen for the global economy
Green hydrogen has been called the fuel of the future due to its energy generation potential and the role it can play in the energy transition. Also called H2V, green hydrogen is the sustainable version of gas, used to fuel vehicles powered by fuel cells and store energy produced by renewable sources, in addition to serving as a raw material for products in the steel, pharmaceutical and metals industries. .
Investments to produce it have risen to billions of dollars: the estimate is that this market will generate US$350 billion globally by 2030, according to a study by consultancy Thymos Energia.
In Brazil alone, the estimate is US$28 billion, 8% of the total. The “green” stamp derives from the way the fuel of the future is produced. Despite being abundant in nature, hydrogen is rarely found in its elementary form (H2) and almost always integrates more complex molecules, such as methane (CH4), natural gas and water itself (H2O).
