Brazil is on the verge of a significant breakthrough in the hydrogen market with the Senate’s recent approval of the National Low Carbon Emission Hydrogen Policy (PL 2308/2023). This policy aims to establish a framework for hydrogen certification, market development, subsidies, and tax incentives, distinguishing itself from European legislation with unique definitions and criteria.
As the demand for hydrogen in Europe continues to surge to meet ambitious climate goals, Brazil’s vast renewable energy resources position it as a prime supplier of renewable hydrogen. This presents a strategic opportunity for Brazil to expand its renewable hydrogen business models and boost exports to Europe.
Access this public report to answer the following questions:
- What is the current regulatory framework for hydrogen in Brazil, and how does it align with global standards?
- How can Brazil leverage its renewable energy resources to meet the growing hydrogen demand in Europe?
- What are the competitive advantages of Brazilian renewable hydrogen compared to European counterparts?
If you have questions please get in touch with Priscila Vellano.
