Brazil's Path to Renewable Hydrogen Leadership: Opportunities and Challenges Ahead
Key Ideas
  • Brazil moves closer to establishing a National Low Carbon Emission Hydrogen Policy with Senate approval of PL 2308/2023.
  • The policy aims to create a framework for certification, market development, subsidies, and tax incentives, aligning with Brazil's abundant renewable resources.
  • Brazil's potential to become a major supplier of renewable hydrogen is highlighted as Europe looks towards imported hydrogen to meet climate goals.
  • A webinar will explore possible renewable hydrogen business models to scale up Brazilian exports to Europe, addressing regulatory frameworks and competitiveness.
Brazil is advancing towards establishing its National Low Carbon Emission Hydrogen Policy as the Senate recently approved PL 2308/2023 on June 19. This policy, once discussed in Congress, intends to set the stage for certification, market development, subsidies, and tax incentives in Brazil's hydrogen sector. While similar to Europe's efforts in transitioning to imported hydrogen for climate targets, Brazil's strategy stands out due to its unique definitions and criteria. With its vast renewable resources, Brazil holds the potential to emerge as a significant supplier of renewable hydrogen globally. There are discussions on how Brazil can align its regulatory framework with Europe's RED II directive to enhance its position in the hydrogen market. As Europe anticipates importing a substantial portion of its hydrogen demand, Brazil's competitive renewable hydrogen offers an attractive opportunity for collaboration. A webinar is scheduled to delve into the renewable hydrogen business models that could propel Brazilian exports to Europe. This event will cover topics such as regulatory comparisons, compliance with EU legislation, and a market analysis to evaluate the competitiveness of Brazilian renewable hydrogen against Europe's offerings.
ADVANCEH2

Our vision is to be the world's leading online platform for advancing the use of hydrogen as a critical piece needed to deliver net-zero initiatives and the promise of a clean H2 energy future.

© 2024 AdvanceH2, LLC. All rights reserved.