Brazil ratifies breakthrough hydrogen framework
Government takes first step towards becoming a global low-carbon hydrogen exporter
The setting for the recent signing of Brazil’s landmark low-carbon hydrogen framework said much about the country’s long-term energy ambitions. Speaking from Brazil’s second-largest port, Pecem, President Luiz Inacio Lula da Silva boasted that “when I see people talking about green hydrogen, solar energy, wind energy and biomass, I wonder: what country in the world can compete with Brazil?” Brazil no doubt has the potential to one day flood the world with low-carbon hydrogen exports. Global consulting firm BCG estimates that Latin America’s largest economy holds the capacity to capture 15% of global low-carbon hydrogen trade flows by 2030, ultimately creating a $180b tradable market by mid-c
Also in this section
17 October 2024
Kingdom’s national energy and chemicals company is investing in technology and infrastructure to support the establishment of the low-carbon hydrogen value chain and make its widespread use a reality
16 October 2024
Southern European country looks to leverage its renewable power resources, but its hydrogen project developers face a challenging demand outlook
10 October 2024
The Gulf Energy Information Excellence Awards 2024 celebrated the industry's top innovators at a gala in Houston, recognising achievements in categories ranging from digital transformation to sustainability
9 October 2024
Danish government stresses support for hydrogen pipeline project despite slippage of three or four years in commissioning timetable