The energy transition in Brazil has been playing a significant role again at least since the change of government a few months ago. For green hydrogen, the region in Brazil is very interesting as a raw material supplier for Europe. However, there are also exciting local applications - Brazil is the world's largest importer of fertilizers and its most important supplier is Russia. Green hydrogen could be used as a feedstock for local fertilizer production, reducing dependence on imports.

Energy storage systems are also becoming increasingly important. The development of these in South America is still in its infancy. What are the short- and medium-term developments in Brazil? Markus Vlasits, CEO of NewCharge, tells us in this episode.

Timeline:

• 02:57 Are there any additional business opportunities beyond being a raw material supplier for European costumers?

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