The Brazilian Senate has given the green light to a bill that sets the stage for the country's low-carbon hydrogen development program, signaling a move towards a more sustainable energy future. Originally part of a broader regulatory framework bill, the hydrogen-related rules had to be separated due to disagreements with lawmakers and subsequently vetoed by President Luiz Inácio Lula da Silva. The approved bill, known as PHBC, is now awaiting presidential approval to become law. This legislation introduces tax credits amounting to 18.3 billion reais for the period of 2028 to 2032, with incremental annual limits. The focus will be on supporting challenging industrial sectors like fertilizers, steel, and cement, and incentivizing hydrogen use in heavy transport, such as maritime operations. The necessity of developing technical standards and regulations for green hydrogen production, storage, and distribution is emphasized, with the aim of ensuring safety, sustainability, and competitiveness in the sector. ANP will play a crucial role in implementing these regulations, requiring specialized expertise to oversee the hydrogen production chain effectively. The need for coordination among regulatory agencies, cost minimization, and alignment with international standards pose significant challenges. Market feedback will be sought to fine-tune regulations and address compliance costs, with a focus on avoiding either excessive restrictions or insufficient oversight. The approval of this bill represents a milestone in Brazil's journey towards embracing low-carbon hydrogen as a key component of its energy strategy. By providing incentives, clarifying regulations, and fostering industry collaboration, the country aims to position itself as a competitive player in the global hydrogen market, ensuring sustainability and traceability across the entire hydrogen life cycle.