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New supply chains for the energy transition of European countries formed – London Business News | London Wallet

Philip Roth by Philip Roth
February 10, 2023
in UK
New supply chains for the energy transition of European countries formed – London Business News | London Wallet
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Casa dos Ventos, a renewable energy company, and Comerc Eficiência, an energy efficiency company of the Comerc Energia Group, signed a partnership with the TransHydrogen Alliance (THA), whose objective is to create new supply chains for the energy transition of European countries.

The purpose of the agreement is to enable the export of green ammonia produced in the Industrial and Port Complex of Pecém (CIPP), in Ceará. The plant is to be built on a 60-hectare site with a capacity of up to 2.4 GW of electrolysis, producing 960 tons of hydrogen per day, and with all phases implemented, will enable the production of 2.2 million tons of ammonia per year. Today the parties signed a Memorandum of Understanding to jointly develop a viable partnership targeting production of the first phase for export to Europe through the Port of Rotterdam, in the Netherlands in the year 2026.

“We want to use the abundant renewable resources in Ceará and neighbouring states to expand our low carbon energy solutions abroad”, says Lucas Araripe, CEO at Casa dos Ventos.

The company and Comerc have already signed a pre-contract with the CIPP.

“We are joining forces with a group of companies that will be able to contribute to the technological development of the project and with a portfolio of international clients”, explains Araripe.

“The essence of Comerc is the energy transition, combining economy, excellence, and sustainability in all its solutions. And together with Casa dos Ventos and THA, through green hydrogen and ammonia, we take an important step towards decarbonization, both nationally and globally” says Marcel Haratz, President of Comerc Eficiência.

“Green hydrogen is the fuel of the future, but it is already a reality and a global trend. So, we will be at the forefront with a project of this size and partnered with European companies it puts Brazil in a leading position to become an important player in the sector”, concludes Marcel.

“With the vision that Brazil can be a global power in the production and export of green hydrogen through leveraging one of the cleanest energy matrices in the world, the THA chose Pecém as one of the most promising places to produce and supply green hydrogen to Europe. By combining forces with Casa dos Ventos and Comerc, we provide industry-leading skills and capabilities across the entire value chain, from renewable energy supply, hydrogen and ammonia production technology, storage and logistics, maritime transport, and delivery to customers in the port of Rotterdam ” notes Paul Baan, CEO of THA.

Brazil occupies a prominent place in the green hydrogen and ammonia market. It is one of the few countries in the world where the characteristics of the energy matrix allow the production of competitive and large-scale renewable energy, as well as its derivatives. Surveys indicate that the green hydrogen production market in Brazil could be between US$ 15 billion and US$ 20 billion annually by 2040.



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