Namibia Green Hydrogen Investment Forum |18 May 2022

Africa is well placed to benefit from the Net Zero energy transition and here is an excellent opportunity to engage

One of the world’s best renewable energy potentials’

The future Frans Timmermans promises for Africa is one of green power. The continent has “one of the world’s best renewable energy potentials” combined with comparatively low energy consumption, he said.

Timmermans aims for the continent to triple profits by expanding its renewable energy capacity. This would benefit citizens as the decentralised nature of renewables means that households in Africa can be connected to the power grid more easily.

The production of hydrogen should also allow Africa to diversify its economy. Timmermans, therefore, promises the continent a shift away from its role as an exporter of raw materials to the production of green hydrogen.

“Because Africa can and must do more than export raw materials,” he said, adding that the economy could open up “sectors with higher added value, such as the production of green steel or green fertiliser”.

An African focus on the production of green hydrogen would also benefit Europe. According to Timmermans, “With cheap electricity from renewable energy sources, green hydrogen can be produced at competitive prices.”

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