The Green Hydrogen Market in Brazil Is Closer Than Ever, and São Paulo Will Host Discussions at One of the Largest Events in Latin America for This Sector

Written by Paulo Nogueira

Published on 15/08/2022 at 10:32

Hidrogênio verde produzido por fontes renováveis seria a forma ideal | Fonte: Divulgação

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A Global Leader in Water Electrolysis Technology, the Main Route for Large-Scale Green Hydrogen Production, thyssenkrupp Will Participate in Smarter E South America, Taking Place from August 23 to 25 in São Paulo (SP). One of the Main Events in the Energy Sector in Latin America, Smarter E Will Feature Not Only an Exhibition but Also a Congress with a Comprehensive Program of Lectures, Including a Side Event Organized by the German Agency for International Cooperation (GIZ) to Discuss the Development of the Green Hydrogen Market in Brazil, Scheduled for the 24th from 1 PM to 7:30 PM.

Paulo Alvarenga, CEO of thyssenkrupp for South America, is Among the Speakers and Will Address the Landscape and Expectations for the Application of Green Hydrogen in Different Sectors in Brazil:

“Green hydrogen and its derivatives, such as green ammonia and green methanol, are Expected to Generate Around US$ 20 to 30 Billion by 2040 in the Country, with Highly Competitive Production Costs and Potential Use for Decarbonizing Sectors Such as Steelmaking, Refineries, and Mobility. Factors Such as the Energy Matrix with a Broad Participation of Renewable Sources and the Strategic Geographic Location of Seaports in Relation to Potential Consumer Markets, Mainly Europe, Make Brazil a Natural Candidate to Become One of the Largest Producers and Exporters of Green Hydrogen in the World,” Alvarenga Highlights.

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First Industrial Green Hydrogen Plant in Brazil

Recently, thyssenkrupp Signed a Contract with Unigel, One of the Largest Chemical Companies in Latin America, to Provide Its Water Electrolysis Technology for Brazil’s First Large-Scale Green Hydrogen Plant. The Factory Will Also Produce Green Ammonia and, Once Operational, Will Be the Largest of Its Kind in the World.

With an Current Manufacturing Capacity of 1 GW of Electrolyzers per Year and Currently Expanding the Supply Chain to Reach 5 GW per Year, thyssenkrupp, Through Its thyssenkrupp nucera Unit, Is the Company with the Largest Capacity to Supply Large-Scale Water Electrolysis Plants for Green Hydrogen Production in the World, Having Already Supplied More Than 150 Ammonia Plants and Over 600 Electrolysis Plants in Various Countries Over the Past Six Decades.

The 2022 Edition of Smarter E Will Be Held at the Expo Center Norte. More Information Can Be Found on the Website https://www.thesmartere.com.br/inicio.

The Green Hydrogen Market in Brazil Is Closer Than Ever, and São Paulo Will Host Discussions at One of the Largest Events in Latin America for This Sector

First Industrial Green Hydrogen Plant in Brazil

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