Wednesday, February 1 2023 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Jan 30
Week of Jan 23
Week of Jan 16
Week of Jan 09
Week of Jan 02
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    New report highlights importance of green hydrogen

    November 16, 2022 - Namibian Sun


      By 2050, green hydrogen could increase the gross domestic product of six African countries, including Namibia, by US$126 billion, which is equivalent to 12% of these countries' current GDP.

      With global demand for hydrogen projected to rise sevenfold by 2050, new analysis from the Africa Green Hydrogen Alliance (AGHA) - and analytical support from McKinsey - quantifies opportunity for the six current member countries of the Alliance - Namibia, Egypt, Kenya, Mauritania, Morocco and South Africa.

      The Climate Champions website of the United Nations Framework Convention on Climate Change (UNFCCC) quotes Frans Kalenga, the technical advisor to Namibia's mines and energy minister Tom Alweendo, as saying: "Namibia is perfectly positioned to produce low cost green hydrogen and ammonia for domestic and international markets. The African Green Hydrogen Alliance provides a platform for us to collaborate with neighbouring countries. AGHA's report reaffirms the potential, and provides important recommendations on how we can work together to unlock the extraordinary potential."

      High potential in wind and solar energy means that these countries could produce green hydrogen and related products such as ammonia in a competitive fashion, both meeting domestic demand for hard to abate applications like heavy industry and off-road transport, in addition to growing market exports, Climate Champions reports.

      The AHGA report identified the European Union, Japan and South Korea as priority export markets - reflecting existing infrastructure and high level of demand from existing manufacturing centres not able to fulfil all their clean hydrogen needs.

      Investment of US$450-US$900 billion is needed between now and 2050.

      The Africa Green Hydrogen Alliance, with support from the UN Climate Change High-Level Champions, the Green Hydrogen Organisation and the African Development Bank, called for greater cooperation between governments and the private sector to unlock the investment needed.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.