Minister of Mines and Energy Alexandre Silveira anticipates a BRL 6 billion investment in hydrogen hubs to decarbonize the industry. The initiative provides low-cost funding for carbon emission reduction through its partnership with the Climate Investment Funds (CIF). The announcement was made at Foz do Iguaçu during CEM-MI. Brazilian and UK partners will publish a public appeal for low-emission hydrogen projects. Integrating production, storage, and transportation hubs, as part of the National Hydrogen Program, aims to boost Brazil’s hydrogen market competitiveness by 2035. Approved ideas may receive funding for equipment and engineering.
Fonts: Gov.br / Udop (*Translated by Ia Niani)
ALEXANDRE SILVEIRA UNVEILS BRL 6 BILLION INVESTMENT PLAN TO DECARBONIZE INDUSTRY WITH HYDROGEN HUBS
Published On - 10 de October de 2024