Green hydrogen opportunities in Brazil

Brazil is a massive country with unparalleled renewable energy potential. Whether solar, wind, or hydropower, there are few countries in the world that could rival Brazil’s plentiful resources. By harnessing these resources, analysts forecast that Brazil could produce clean hydrogen at half the cost of gray hydrogen by 2050. This would make it the most competitive country for hydrogen production globally and a major industrial consumer and exporter of green H2 products.

However, challenges abound in fulfilling this potential. Firstly, climate change is limiting hydropower production, reducing the amount of baseload zero-carbon energy available to produce clean hydrogen. Additionally, technical and logistical challenges exist in scaling up electrolysis, a necessary step in reducing costs.

Despite these obstacles, many companies have invested in Brazil’s green H2 sector, with more than 40 projects across the country.