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Home / News / Northeast is a strategic point for H2V production, points out CCEE

Northeast is a strategic point for H2V production, points out CCEE

In January alone, more than 9.200 average MW of solar and wind energy were produced in the Brazilian region
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  • Photo by Henrique Hein Henrique Hein
  • February 22, 2023, at 16:49 PM
2 min 12 sec read
Northeast is a strategic point for green hydrogen production, points out CCEE
Northeast has attracted the world's attention with the development of green hydrogen projects. Photo: Freepik

For your strategic position, with good winds and abundance of Salt, the region Northeast of Brazil is a strategic location so that Brazil can achieve carbon neutrality and emerge as one of the main players in the market H2V (green hydrogen). 

Only in January this year, the Brazilian region produced more than 9.200 average MW power solar and wind, according to information from CCEE (Electric Energy Trading Chamber).

This is an amount that, according to the organization, reinforces the potential that the locality has for se transform into a source development hub, that does not generate carbon emissions and has the potential to be generated from onshore wind farms (Onshore), at sea (offshore accounts) and photovoltaic plants.

Currently, several States do Northeast already are catching the world's attention because of your projects, such as Ceará – with the creation of a Green Hydrogen Hub – and Bahia, which is investing more than US$1,5 billion in the development of an industrial-scale project. 

Green hydrogen in Brazil

Green hydrogen is an energy source that can be used in industrial processes and activities dependent on fossil fuels. At the moment, Several countries, such as the United States and Japan, have already signaled to the world that they are willing to pay a price for the source. 

In this sense, associations and entities linked to the renewable sector highlight that H2V presents an important versatility for Brazil in the context of the energy transition, as it can be used as a low carbon source in sectors that are difficult to decarbonize or as a vector for the energy storage and export. 

Read also

  • Green hydrogen is on its way to becoming an international commodity;

  • Bahia will have an industrial-scale green hydrogen project;

  • Agreements to build green hydrogen plants are growing in Ceará.

Recently, a survey carried out by McKinsey & Company assessed that Brazil is fully capable of reaching a prominent level in the international market, especially as an exporter. 

The company's projections show that the country is capable of producing and exporting around 3,8 million tons of green hydrogen by the end of 2040, thus guaranteeing more than R$6 billion from the sale of the technology, as illustrated in the image below.

McKinsey & Company projection on H2V in Brazil. Photograph: Canal Solar

 

Brazil CCEE wind power solar energy H2V green hydrogen Northeast
Photo by Henrique Hein
Henrique Hein
He worked at Correio Popular and Rádio Trianon. He has experience in podcast production, radio programs, interviews and reporting. Has been following the solar sector since 2020.
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