Brazilian hydrogen economy development

Hydrogen is being seen as an essential factor in the success of the energy transition. This paper aims to evaluate the status of the hydrogen economy in Brazil and provide strategies for promoting its development. An adapted SWOT and GUT analysis of the Brazilian hydrogen economy is performed and used to identify and prioritize strategies to fully utilise the strengths and opportunities, avoiding or mitigating the weaknesses and threats. The main results of the analysis are the strong potential of renewables and its competitiveness in the Brazilian matrix. The main weakness is the costs of the entire green hydrogen production chain to take advantage of this renewable potential. Another issue is that Brazil is not showing signs of implementing a clear hydrogen strategy, losing the world investment time in Latin America. Since countries like Chile and Colombia already have their strategies ready, giving positive signals to investors.