Engie Joins Brazilian Hydrogen Association to Accelerate Adoption of Green Hydrogen Technologies in Brazil

Written by Valdemar Medeiros

Published on 03/08/2021 at 13:05

Updated on 03/08/2021 at 13:57

Usina de hidrogênio – créditos: Reuters/Lian

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Observing the High Growth of the Green Hydrogen Sector, ENGIE Joined the Brazilian Hydrogen Association Aiming to Promote Partnerships, Studies, and Investments in the Sector

Green Hydrogen in Brazil: Following its global purpose to accelerate the transition to carbon neutrality through clean energy and solutions, ENGIE joins the Brazilian Hydrogen Association, becoming the first company in the energy sector to partner with the entity.

ENGIE Aims to Become a Zero Emissions Company by 2045

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ENGIE’s goal in joining the Brazilian Hydrogen Association is to advance in the green hydrogen sector, where the company is focused on growing both in Brazil and around the world. Joining the association, promoting partnerships and studies in this sector, further confirms ENGIE’s target of zeroing its emissions by 2045.

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Executives from Both Sides Speak Out

For Langie, the Brazilian hydrogen market needs appropriate regulation to evolve. Thus, working alongside the Brazilian Hydrogen Association and its members will bring new opportunities to drive regulatory and normative milestones in the country, establishing a competitive and attractive market for new investors.

According to the executive, ENGIE sees opportunities in creating solutions for sectors such as steel, chemicals, mining, petrochemicals, and others. According to the President of the Brazilian Hydrogen Association, Paulo Emílio Valadão de Miranda, the entity’s mission is to create a network composed of companies, universities, government institutions, and agencies to discuss, incentivize, and plan initiatives in the green hydrogen sector with a focus on creating regulations, standards, and codes.

Monica Saraiva Panik, director of institutional relations at the entity since 2020, states that she has been observing the recent advance of the sector and the increase in interest in this energy solution. The ABH2, has been connecting with companies and the private sector. This is due to the hydrogen segment becoming one of the largest over the last year, and interest has been growing.

ENGIE Plans to Achieve 4GW of Hydrogen Capacity by 2030

ENGIE’s global goal is to develop a strong position in green hydrogen, a technology that is gaining momentum globally. The group’s mission is to benefit from the advantages and be at the forefront of the sector.

From the company’s perspective, green hydrogen is a strategic vector for carbon neutrality, as it allows for better utilization of renewable energies and helps reduce emissions for sectors to meet their targets.

By 2030, ENGIE estimates to develop a production capacity of 4 GW of green hydrogen, install about 700 km of networks aimed at the source, and operate more than 100 refueling stations. The group already has around 70 hydrogen projects in operation across 10 countries.

Engie Joins Brazilian Hydrogen Association to Accelerate Adoption of Green Hydrogen Technologies in Brazil

Observing the High Growth of the Green Hydrogen Sector, ENGIE Joined the Brazilian Hydrogen Association Aiming to Promote Partnerships, Studies, and Investments in the Sector

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Engie Joins Brazilian Hydrogen Association to Accelerate Adoption of Green Hydrogen Technologies in Brazil

Observing the High Growth of the Green Hydrogen Sector, ENGIE Joined the Brazilian Hydrogen Association Aiming to Promote Partnerships, Studies, and Investments in the Sector

Read Also

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