The global energy transition is in full swing, and Europe faces significant challenges to achieve its carbon neutrality targets by 2050. In this scenario, Brazil emerges as an essential strategic partner. With a predominantly renewable energy matrix and vast potential in the production of green hydrogen, the country can play a crucial role in European decarbonization.
The Brazilian energy matrix as a competitive advantage
While the energy sector is responsible for 76% of global greenhouse gas (GHG) emissions, in Brazil, this share is only 18%. This difference is due to Brazil's energy matrix, which is mostly made up of renewable sources such as hydroelectric, wind and solar power. This characteristic positions Brazil as a reliable supplier of clean energy to the world.
Green hydrogen: the fuel of the future
Green hydrogen, produced from renewable sources, is considered one of the main solutions for the decarbonization of industrial and transport sectors. It is estimated that by 2050, the global green hydrogen market will move about US$ 2.5 trillion. Brazil, with its abundance of natural resources and energy infrastructure, is well positioned to become a leading producer and exporter of this fuel.
Global chains and the role of the Global South
Europe is seeking to diversify its energy sources and reduce its dependence on fossil fuels. In this context, countries in the Global South, such as Brazil, play a key role. In addition to providing clean energy, Brazil can contribute with low-carbon industrial products, such as green steel and sustainable fertilizers., adding value to global chains and promoting local economic development.
Opportunities for Brazilian companies
Brazilian companies have the opportunity to enter global value chains, taking advantage of the European demand for clean energy and sustainable products. Strategic partnerships, investments in technology and innovation, and participation in international projects are ways to strengthen Brazil's presence in the global energy scenario.
The decarbonization of the European energy matrix is a challenge that requires international collaboration. Brazil, with its resources and expertise, is in a privileged position to contribute significantly to this process. To this end, it is essential that companies and governments work together, promoting public policies, investments and strategies that consolidate the country as a leader in the global energy transition.
Want to know how your company can position itself in the international clean energy market? Bring Consulting is ready to help. Contact us and discover the opportunities that the energy future holds for Brazil.
