€7.5 billion Dutch fund may favor Pecem’s green hydrogen hub

(epbr) The Dutch government released the Climate Fund project for 2024, which foresees 28.1 billion euros for climate spending in the country until 2030.

Of this total, 7.5 billion euros will be used to develop the green hydrogen industry, including 300 million euros to import this energy source – which could favor green hydrogen projects in the Port of Pecém, in Ceará.

The president of the Industrial and Port Complex of Pecém (CIPP), Hugo Figueirêdo, recalls that Pecém has the Port of Rotterdam, in the Netherlands, as a partner. The Dutch port has 30% of the shares of the port in Ceará.

Today, the Port of Rotterdam already has the goal that 25% of all the green hydrogen that arrives in Europe through its operations, comes from Pecém. In Brazil, the port of Ceará leads in the number of projects for the production of green hydrogen.

“The announcement by the Dutch government, which is a partner of the Port of Rotterdam, further reinforces this joint action between the two ports to supply green hydrogen to Europe in a competitive and safe way”, said the president of Complexo do Pecém.

Rotterdam is now one of Europe’s main gateways for fossil fuels, and has the goal of reducing CO2 emissions by more than 9 million tonnes by 2030.

By 2025, four green hydrogen plants will be built on its premises. Gas pipelines are also planned to transport hydrogen from power plants and import terminals to users in the port and in the interior of Rotterdam.

Dutch package for hydrogen

In addition to the 300 million euros for importing energy, the Dutch hydrogen package allocates most of the resources to the development of domestic production. €5.1 billion for onshore green hydrogen projects and €1.8 billion for offshore production.

Another 250 million euros will be for large-scale hydrogen storage risk reduction and 50 million for offshore hydrogen network.

The government’s plan also provides for charging hydrogen consumers a lower tariff than gas; converting coal-fired power plants to hydrogen; and the decarbonization of local industries using energy.

The bill, introduced by Climate and Energy Minister Rob Jetten, now needs to be approved by parliament.

In a letter to parliamentarians, the minister defended cooperation actions with countries that have the capacity to supply hydrogen and meet the region’s demand.

“With this letter, the government takes a big step further towards achieving our legal climate targets for 2030 (…) We are behind schedule and therefore will have to do everything possible to achieve this target by 2030, with the conviction that , with Europe, we are on the way to climate neutrality”, pointed out Jetten.

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