Overview of the Hydrogen Market and Development in South America based on Brazil

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Recording of Thursday, June 20, 2024 | The smarter E Europe | Exhibition Program | Language: English | Duration: 19:14 .

Brazil and Chile Positioned as Competitive Renewable Hydrogen Leaders Amidst Abundant Resources but Facing Cost Challenges

The speaker, representing an engineering and project development company in Florianópolis, Brazil, discusses the potential for renewable hydrogen production in South America, specifically focusing on Brazil and Chile. Both countries have abundant renewable resources; northern Chile boasts high solar irradiation while southern Chile has substantial wind resources. Similarly, northeastern Brazil benefits from excellent solar and wind conditions along its coast. Despite these advantages, a significant cost gap remains between renewable and conventional hydrogen. Renewable energy prices are already quite low (around 2-2.5 euro cents per kilowatt hour), leaving limited room for further reduction without technological breakthroughs. Brazil's energy matrix is highly renewable-based due to extensive hydropower adoption since the '70s-'80s and rapid growth in solar/wind power alongside ethanol usage in transportation. However, upcoming structural oversupply of renewable energy by 2027-2028 presents challenges—excess generation capacity may lead to wastage unless effectively utilized. Renewable hydrogen offers a solution here with numerous large-scale projects announced recently. The speaker emphasizes ongoing pilot implementations but acknowledges existing gaps needing attention to fully harness this potential.

Automatisierte Zusammenfassung durch AI Conver

Markus Vlasits
Managing Director
NewCharge
Germany

Hydrogen is both a domestic and international resource. Looking at the globe, where are the promised lands? What can they contribute to EU's energy economy? And what is Europe's role in this economy still to be built? After a keynote with global scope, the session presents selected countries with their ongoing projects or prospects.

Further Talks of this session:

Speaker

Julia Seitz
Research Associate to the Division Director Hydrogen Technologies
Fraunhofer-Institute for Solar Energy Systems ISE
Germany

To Talk

Speaker

Prof. Dr. Christopher Hebling
Director Division Hydrogen Technologies
Fraunhofer Institute for Solar Energy Systems ISE
Germany

To Talk

Speaker

Frank Wouters
Chairman
MENA Hydrogen Alliance
UAE

To Talk

Speaker

Eva Meschede
Advisor, H2Uppp - International Hydrogen Ramp-Up Program, implemented by
GIZ - Deutsche Gesellschaft für Internationale Zusammenarbeit
India

To Talk

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