Kristina Kramer, general secretary of the German-Brazilian Energy Partnership, and André Clark, CEO of Siemens Energy, spoke at a recent virtual seminar (webinar) on “Brazil and Germany and the Potential of Green Hydrogen” to discuss the relationship between Brazil and Germany in the development of green hydrogen technology. The legal firms Castro Barros and Blomstein coordinated the event.
The lecture’s moderators, Bruno Galvo and Paulo Dantas, began by discussing the strong ties that Germany and Brazil may create via the promotion of green hydrogen technology.
Brazil possesses 85 percent of a sustainable matrix, according to the National Energy Balance, and has the potential to be a leader in the global energy transition.
The term “green hydrogen” refers to the process of getting energy from renewable sources without releasing carbon dioxide into the atmosphere. Germany is a pioneer in this sort of energy generation, and it plans to extend the industry to attract additional suppliers and investors as the energy matrix transitions.
Closer ties between Brazil and Germany, according to André Clark, have promise. “The notion of linking Brazil and Germany is strategically significant. It has the potential to strengthen fundamental linkages between the two nations’ futures.”
Preliminary instruments are included in Germany’s development program. Global h2, for encouraging the production and import markets, Fnd, for bilateral initiatives, and international public-private partnerships are among them.
Brazil is on the radar for investments and technological growth, according to the academics. It has a lot of renewable energy, development potential, an unexplored domestic market, fertilizer production, electrolysis capacity, key ports, a strong commercial structure, and research possibilities. Furthermore, the present water crisis might be considered as a motivator to use this technique.
Even with concerns, Kristina Kramer feels that the growth of this business is critical. “We need to grow the market.” Above all, with the advancement of technology, there is the issue of cost. We are in the early stages of the market, so some uncertainty is to be expected.”
