Partnership between Vale and Green Energy Park in Brazil is included in the priority list of the European Union's Global Gateway initiative
- REDAÇÃO H2RADAR
- Mar 18
- 2 min read
The recent inclusion of the joint project between mining company Vale and Green Energy Park (GEP) on the priority list of the European Union’s Global Gateway marks a significant advance in cooperation between Brazil and Europe on sustainable initiatives . The project aims to build a low-carbon hydrogen plant to supply an industrial mega hub in Brazil , focused on the production of low-carbon steelmaking inputs. With European political support and international recognition, the initiative reinforces Brazil’s role in the global energy transition.
Green hydrogen and the transition to a low-carbon economy
The partnership between Vale and Green Energy Park is part of a global context of decarbonization of the steel industry . The project stands out as part of the "Green Energy Parks and Shipping Corridors of Northeast Brazil" , an initiative that seeks to integrate sustainable production chains between Brazil and Europe. The proposal includes the use of green hydrogen in the production of sponge iron (HBI), an essential input for the manufacture of steel with a lower environmental impact.
The Global Gateway, an initiative of the European Union, aims to mobilize up to 300 billion euros in sustainable investments by 2027, prioritizing projects that promote the energy transition and industrial resilience . The selection of the Vale-GEP project reflects the European commitment to investments with high environmental and economic impact, in addition to strengthening strategic ties between the continents.
Economic impact and Brazil's leadership in the sector
Joining the Global Gateway increases the project’s attractiveness to international investors, facilitating fundraising and the expansion of operations in Brazil. Vale, as one of the world’s largest suppliers of iron ore, seeks to consolidate the country as a reference hub in the low-carbon steel industry . The project also aligns with the national strategy for ecological transformation, having previously been included in the Brazil Platform for Climate Investments and Ecological Transformation (BIP).
The integration of renewable hydrogen into the industry represents a technological and economic advance for Brazil , taking advantage of its natural competitive advantages, such as abundant renewable sources and consolidated industrial infrastructure. In addition to boosting job creation and regional development, the initiative strengthens Brazil's position as a strategic supplier to European green steel markets, directly contributing to global decarbonization and the sustainability of the steel production chain.
RADARH2 EDITORIAL
