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“Fuel of the Future” Is Already Highlighted on the Global Stage and Could Bring More Shine to Brazil with Solar Energy
And let’s move forward because rockets don’t have reverse! Hydrogen is one of the main fuels to propel rockets into space and is gaining even more prominence on the global stage. After all, green hydrogen, the “fuel of the future” produced from solar and wind energy, is a renewable energy source. In addition, it is gaining attractive prices, competitive with those of gasoline, which will stimulate the energy transition.
Thus, many experts are pointing to green hydrogen as the next global fuel. In other words, they project that it could become the main energy source for society. Do you know what is even more interesting? This fuel generates up to 3 times more energy than other types of fossil fuels and does not pollute the environment. Understand how solar energy will expand this market.
Get to Know a Little More About Green Hydrogen in the Video Below
Green Hydrogen Is Obtained from Solar Energy and Can Expand the Domestic Market Due to Installed Capacity
Green hydrogen is obtained through a process known as electrolysis. In other words, this process separates hydrogen from oxygen using water and electricity. Therefore, you can have immense energy production without burning any type of fossil fuel. Additionally, hydrogen has competitive costs compared to gasoline, which is very appealing.
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With 5.6 trillion tons of natural hydrogen beneath the Earth, 26 times the known oil and more energy than all the natural gas in the world, the new gold rush is already mobilizing Bill Gates, Amazon, and Petrobras.
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U.S. researchers publish the first national map of natural hydrogen, placing 30 states on the radar and changing what was known about clean energy in the American underground.
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Mataripe Refinery takes a decisive step in the energy transition by adopting solar energy, reducing consumption, and signaling a structural change that could impact the refining sector in Brazil.
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Solar-powered ice factory in the Amazon that eliminated a 5-hour trip to Manaus, prevents the loss of up to two-thirds of the fish, and now ensures income for more than 30 riverside families.
Our country has immense reservoirs to store produced energy and also has an installed capacity of 20,250 MW in solar energy. This means that we have everything to become one of the biggest names in the world as producers of green hydrogen. Thus, we can expand exports and thrive with economic development.
Low Cost of Green Hydrogen Could Stimulate Production and Export Worldwide, Due to Vast Energy Potential
The low cost of green hydrogen, or the “fuel of the future”, is a point that attracts a lot of attention from investors and countries. Currently, experts point out that production costs will be between US$ 1.20 and US$ 1.40/kg by 2030.
Thus, we can have a renewable energy source that will stimulate the energy transition. After all, production and distribution costs end up being competitive with the prices currently charged for gasoline sales. In other words, we will have a new fuel that does not pollute, but has a price as favorable, if not more so, than that of gasoline.
Production Is Still Small-Scale but Expected to Reach Interesting Levels in the Next 5 Years, According to STI Norland Experts
Green hydrogen is a great promise but is still produced on a small scale. However, some experts, including those from the technical team at STI Norland, one of the largest producers of trackers for solar energy, predict that in 5 years we will see significant progress. This progress will be driven by the constant interest in the energy transition worldwide.
“The idea of replacing fossil fuels with Green Hydrogen is indeed a promising bet. We have observed special attention to the topic globally and, consequently, an opening of the market for investments in this direction. Brazil is already at an advantage due to its high generation of energy from renewable sources, especially the solar matrix that is in full expansion and reaching increasingly higher levels of energy generation.”.
Javier Reclusa, CEO of STI Norland (2022)
In other words, what we have ahead in the coming years is optimism to be one of the main countries exporting green hydrogen in the world.
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