Prumo Logística and Fuella Secure Land for Low-Carbon Hydrogen Hub in Rio de Janeiro
Key Ideas
- Prumo Logística and Fuella have secured the first area reservation contract for a low-carbon hydrogen and derivatives hub in Rio de Janeiro, Brazil, aiming to develop renewable hydrogen for export and domestic use.
- The agreement includes plans for a 520MW ammonia plant based on electrolysis, with aims to produce 400,000 tonnes of hydrogen carrier per year, contributing to global efforts in reducing carbon emissions.
- The strategic partnership with the Port of Antwerp-Bruges International is expected to establish a new export corridor for green ammonia from Brazil to Europe, positioning Porto do Açu as an attractive location for international expansion.
- The development of this plant signifies a significant step towards promoting sustainable energy, with expectations for a final investment decision on the green ammonia plant within the next four years and production to start in 2030.
Prumo Logística and Fuella have secured the first area reservation contract for a newly licensed low-carbon hydrogen and derivatives hub in Rio de Janeiro, Brazil. The hub, located at the Port of Açu, covers one million square meters, with plans to develop renewable and low-carbon hydrogen connected to ammonia and methanol units. The partnership also signed a Memorandum of Understanding (MOU) to establish the development of the hub, including a 520MW ammonia plant based on electrolysis, aiming to produce 400,000 tonnes of hydrogen carrier annually. The green ammonia plant is expected to receive a final investment decision within the next four years, with production slated to commence in 2030. The agreement was facilitated with the support of the Port of Antwerp-Bruges International, a subsidiary of the second-largest port in Europe, laying the foundation for a new export corridor for green ammonia from Brazil to Europe. The development is seen as a crucial step in global efforts to reduce carbon emissions and promote sustainable energy. The partnership with Fuella expands the Norwegian company's portfolio internationally, with Porto do Açu chosen as a strategic location for its infrastructure and support. Eletrobras also announced plans to produce low-carbon hydrogen at the port, further emphasizing the region's commitment to green energy production and export.
Topics
South America
Renewable Energy
Infrastructure
Sustainability
Carbon Emissions
Economic Development
Export Market
International Partnership
Green Ammonia
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