U.S. Eyes Green Hydrogen Market, Brazil Stands Out With Competitive Advantage

Written by Valdemar Medeiros

Published on 22/10/2022 at 12:05

Ceará projeta hub para produzir e exportar hidrogênio verde – imagem: Divulgação

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Several Countries Like the USA Are Focusing on the Green Hydrogen Market and Brazil Must Stay Alert to Stand Out in This Sector and Not Be Overcome. The Country Aims to Market the Fuel Mainly to Europe.

Green hydrogen is currently seen as a very promising fuel due to Net Zero and also due to profitability. It can be produced in Brazil at a much lower cost with the help of wind or solar energy. According to Luiz Viga, country manager at Fortescue, although Brazil has a significant competitive advantage in this new market, it must keep an eye on what happens in other countries, considering that it is a market worth trillions of dollars.

Federal Government Promises to Make New Investments in Green Hydrogen in Brazil

YouTube video — *BRAZIL Will PRODUCE HYDROGEN. How Is Green HYDROGEN Produced? Energy from Hydrogen.*

According to Viga, only in the USA investments of US$ 400 billion have been announced for green hydrogen, solar, and wind energy. Americans have already seen that this new segment is extremely promising and wish to lead the world in this market.

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More Than 30 Countries, Including the USA, Have Already Announced Their Strategies for the Fuel of the Future

According to Natália Castilhos Rypl, an analyst at BloombergNEF, around 35 countries, including the USA, have already launched their strategies for hydrogen. In Latin America, Chile was the pioneer, given that the region has a significant potential with lower production costs.

In light of this scenario, Latin America, with a long-term overall demand, plans to export hydrogen to other countries like Europe and those that lack the capacity to produce and consume green hydrogen.

The Latin American countries are focusing on Europe as the main consumers. The analyst stated that, due to the need, some sectors will find it easier to adopt the fuel consumption, such as those using gray hydrogen, for substitution reasons. Among them are oil refining, ammonia production, and some sectors with high consumption potential such as steel and aluminum.

Natália highlights that offshore wind energy in Brazil is expected to grow about 10 times by 2035, and other countries will start to enter this market. By 2027, the USA is expected to be a critical market, becoming the third-largest offshore wind market in the world by 2035, behind the UK and China.

Green Hydrogen Projects in Brazil

In Brazil, some offshore wind farms are located near ports that are organizing Green Hydrogen projects. The aim is to combine the two technologies; however, four factors are necessary to generate hydrogen from offshore wind: natural resources, land availability, energy security, and proximity to hydrogen production with consumption.

According to Mauro Andrade, executive director of business development at Prumo Logística, the goal is to industrialize the Port of Açu with renewable energy and that agreements already exist for the development of small-scale hydrogen projects, with other partnerships also in the company’s focus.

U.S. Eyes Green Hydrogen Market, Brazil Stands Out With Competitive Advantage

Several Countries Like the USA Are Focusing on the Green Hydrogen Market and Brazil Must Stay Alert to Stand Out in This Sector and Not Be Overcome. The Country Aims to Market the Fuel Mainly to Europe.

Federal Government Promises to Make New Investments in Green Hydrogen in Brazil

More Than 30 Countries, Including the USA, Have Already Announced Their Strategies for the Fuel of the Future

Green Hydrogen Projects in Brazil

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U.S. Eyes Green Hydrogen Market, Brazil Stands Out With Competitive Advantage

Several Countries Like the USA Are Focusing on the Green Hydrogen Market and Brazil Must Stay Alert to Stand Out in This Sector and Not Be Overcome. The Country Aims to Market the Fuel Mainly to Europe.

Federal Government Promises to Make New Investments in Green Hydrogen in Brazil

More Than 30 Countries, Including the USA, Have Already Announced Their Strategies for the Fuel of the Future

Green Hydrogen Projects in Brazil

At just 14 years old, a boy creates a system without energy, using steel pipes buried in the ground, that irrigates seedlings with moisture from the air, to combat the water scarcity threatening reforestation in northern China.

Where there was only sand and wind at 40 degrees, China built a megacity of 500,000 inhabitants with farms, wineries, and universities in the middle of the desert using melted glacier water from hundreds of kilometers away.

At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

Japan finds an alternative to oil amid rising prices by transforming ocean balance into electricity with a new technology that maintains efficiency even when the sea changes.

Unimed is hiring candidates with and without experience! More than 10 job openings for Assistants, Analysts, Kitchen Assistants, and much more!

With earth, bamboo, straw, and lime mortar, a specialist builds a house for just over $460 and draws attention for its cost being much lower than traditional construction.

An island of 7,500 people received 38,000 bananas by mistake, was left unsure where to store everything, and turned the error into a viral case with donations, hustle, and fruit overflowing everywhere.

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A 2,400-year-old iron foundry has been discovered in Senegal with 100 tons of slag, 35 furnace bases, and signs of nearly eight centuries of continuous metallurgical activity.

The U.S. Embassy in Rio de Janeiro opens a job vacancy for Electrician with a salary of R$ 70,032 per year; find out how to apply by April 9.

The Port of Santos has 120 openings for quality inspectors, and to apply, you just need to have completed high school, have basic computer skills, and go to Poupatempo to obtain the referral letter before the positions are filled.

Fiocruz has opened a selection process with vacancies for nurses, dentists, and psychologists, with salaries that can reach nearly R$ 8,000 including the preceptorship grant.