Green Energy Park (GEP) and Eletrobras have signed a Memorandum of Understanding (MoU) with the objective of achieving cost and technology leadership in the production of renewable hydrogen and hydrogen derivatives in Brazil.
The deal is groundbreaking, with Brazil offering some of the best natural conditions for producing renewable hydrogen in the world.
The collaboration between GEP and Eletrobras combines more than 10 gigawatts of hydropower electricity resources with a unique hydrogen and hydrogen derivatives production platform designed and implemented by Green Energy Park.
State-of-the-art electrolysers will power production
To achieve cost leadership in renewable hydrogen, base-load hydroelectric power will enable the deployment of state-of-the-art electrolyser technologies implemented on a standardised production infrastructure, including purpose-built export terminal facilities.
The integrated hydrogen production platform features some of the most advanced process engineering designs from the liquified natural gas and ammonia business.
GEP will distribute green fuels to off-takers in industry and transport, with a mission to help decarbonise the economy’s hard-to-abate sectors.
A significant milestone in the renewable hydrogen industry
Bart Biebuyck, CEO of Green Energy Park, explained: “Renewable electricity is the cornerstone of our green hydrogen production process, and we are delighted to have it secured from Eletrobras, a company that stands out as the dominant player in Brazil’s energy infrastructure.
“The availability of hydropower at the gigawatts scale from Eletrobras is a critical component in our mission to achieve cost leadership in renewable hydrogen.”
Ivan de Souza Monteiro, CEO of Eletrobras, added: “As leaders in the generation and transmission of electrical energy in Brazil, we must contribute not only to improving our country matrix but the world so that the sources are increasingly cleaner and renewable.
“With this important partnership, we are aligned with the strategy of contributing to the decarbonisation of the economy and energy security.”
