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Can Brazil Become a Green Hydrogen Powerhouse?

Can Brazil Become a Green Hydrogen Powerhouse?
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摘要 This paper assesses the feasibility of green hydrogen production in Brazil. By green hydrogen</span><span style="font-family:Verdana;">,</span><span style="font-family:Verdana;"> it is meant the hydrogen produced by the electrolysis of water by consuming electricity produced by renewable sources. The country has large areas with high solar irradiation and favorable wind velocities that help to make wind power and solar PV economical alternatives. Other factors include lower investments and </span><span style="font-family:Verdana;">lower </span><span style="font-family:""><span style="font-family:Verdana;">grid integration cost with respect to global average, because of the large share of hydropower. As known, hydro plants respond well to the short-term variability of renewable production. Local regulations also incentivize renewable energy. For example, it is possible, according to market rules, for a hydrogen producer to sign a financial Power Purchase Agreement (PPA) contract with a producer or trader to secure a <i></span><i><span style="font-family:Verdana;">firm</span></i><span style="font-family:Verdana;"></i>,</span><span style="font-family:Verdana;"> renewable energy supply for the electrolysis process. This market-driven factor, and other key factors, such as low price of electricity, are considered in an economic feasibility model. Results from this model suggest that Brazil could become a green hydrogen powerhouse for the internal market and potential exports to Germany and other European countries. This paper assesses the feasibility of green hydrogen production in Brazil. By green hydrogen</span><span style="font-family:Verdana;">,</span><span style="font-family:Verdana;"> it is meant the hydrogen produced by the electrolysis of water by consuming electricity produced by renewable sources. The country has large areas with high solar irradiation and favorable wind velocities that help to make wind power and solar PV economical alternatives. Other factors include lower investments and </span><span style="font-family:Verdana;">lower </span><span style="font-family:""><span style="font-family:Verdana;">grid integration cost with respect to global average, because of the large share of hydropower. As known, hydro plants respond well to the short-term variability of renewable production. Local regulations also incentivize renewable energy. For example, it is possible, according to market rules, for a hydrogen producer to sign a financial Power Purchase Agreement (PPA) contract with a producer or trader to secure a <i></span><i><span style="font-family:Verdana;">firm</span></i><span style="font-family:Verdana;"></i>,</span><span style="font-family:Verdana;"> renewable energy supply for the electrolysis process. This market-driven factor, and other key factors, such as low price of electricity, are considered in an economic feasibility model. Results from this model suggest that Brazil could become a green hydrogen powerhouse for the internal market and potential exports to Germany and other European countries.
作者 Rafael Kelman Luana de S. Gaspar Florian S. Geyer Luiz A. N. Barroso Mario V. F. Pereira Rafael Kelman;Luana de S. Gaspar;Florian S. Geyer;Luiz A. N. Barroso;Mario V. F. Pereira(PSR-Energy Consulting and Analytics, Rio de Janeiro, Brazil;Consultant of Renewable Energy and Green Hydrogen, MSc/VU Amsterdam and MBA in Renewables/Beuth University, Berlin, Germany)
出处 《Journal of Power and Energy Engineering》 2020年第11期21-32,共12页 电力能源(英文)
关键词 Green Hydrogen STRATEGY Brazil EXPORT Green Hydrogen Strategy Brazil Export
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