German Chancellor Merkel Africa Envoy to Drive Green Hydrogen, Energy Transition at African Energy Week 2021 in Cape Town
Personal representative of the German Chancellor for Africa Gϋnter Nooke’s participation will drive a discussion on Africa’s green hydrogen potential, the continent’s energy transition, and the value of Germany-Africa partnerships
According to a Focus on Hydrogen report by Clifford Chance, with rapidly improving technology and decreasing costs for fuel cells, green hydrogen is becoming a more appealing fuel alternative in Africa. Backed by Africa’s extensive renewable energy resources – the International Renewable Energy Agency estimates that renewable energy capacity in Africa could reach 310GW by 2030. The development of green hydrogen projects will not only address continent-wide energy demand, increasing energy security and contribute to domestic energy independence, but will provide an environmentally sustainable fuel alternative for years to come. Accordingly, green hydrogen represents the most ideal resource to catapult the continent to net-zero emissions by 2030. Additionally, the resource possesses the potential to reshape the African energy space, in which the establishment of a green hydrogen market will not only ensure a consistent and reliable domestic fuel supply, but significantly increase country-wide revenue through exports to international markets. Subsequently, the development of green hydrogen can drive socioeconomic growth and establish Africa as a global competitor.
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