The Sectorial Chamber of Renewable Energy, linked to the Development Agency of the State of Ceará (Adece), has approved a bill suggesting the creation of a state policy for green hydrogen (H2V) and its derivatives.
This move is set to have a significant impact on the Brazilian state of Ceará’s economy and could be a promising alternative for the decarbonization of the economy. Green hydrogen is a clean energy source, and the suggestion of a state law project will be another step towards the creation of a federal law that develops and regulates the production, commercialization and use of clean energy in Brazil. It will also promote the reduction of greenhouse gas emissions and contribute to the mitigation of climate change around the world.
Jurandir Picanço, a Fiec consultant and one of Brazil’s leading specialists in energy, believes that the creation of a state policy on green hydrogen will be an important step. He adds that the chain around green hydrogen is one of the topics discussed at the Intersolar Summit Brasil Nordeste, held at the Centro de Eventos in Ceará, where opportunities and challenges for renewable energies were discussed by 25 speakers.
The agenda will be essential in the construction of strategic plans focused on attracting investments in this area, considered promising for the economy of Ceará. Salmito Filho, the Secretary of Economic Development of Ceará (SDE), requested the agenda, which must be submitted to the State Government. The move comes at a time when the country is grappling with climate change, and this policy could be a game-changer for the region.
Green hydrogen is a form of energy produced by the electrolysis of water, using renewable energy sources such as solar or wind power. The resulting hydrogen is then stored, transported and used as a fuel source. The technology has been around for some time, but it has gained attention in recent years as a cleaner and more sustainable energy source.
Green hydrogen has the potential to be a game-changer in the energy sector. According to the International Energy Agency (IEA), hydrogen has a role to play in meeting the goals of the Paris Agreement and can help decarbonize hard-to-abate sectors such as transport, industry, and buildings. Green hydrogen is also seen as a possible solution to the intermittency of renewable energy sources, which can be an obstacle to their adoption.
However, the adoption of green hydrogen faces several challenges, including high production costs and the lack of infrastructure for storage and transportation. These factors can make green hydrogen less competitive than conventional fuels, such as natural gas. The development of green hydrogen infrastructure requires significant investment, and the government must create incentives to attract private investment in this area.