20 Million Tonnes OF Green Hydrogen To be Generated: Egypt

The new study combines an analysis of investment opportunities focusing on three hubs: Mauritania—Morocco, southern Africa, and Egypt—with a roadmap of technical, economic, environmental, and financial solutions to unlock commercial development, stated the report.

According to the study, utilising Africa’s solar energy to produce 50 million tonnes of green hydrogen a year by 2035 can help secure the global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness, and transform access to clean water and sustainable energy.

Dr. Ajay Mathur, Director General of the International Solar Alliance, stated, "Solar photovoltaic technology has provided us with the cheapest electricity." It will cost below €2 per kg in several African countries by 2030, much lower than the current mass assumption of €5 and a stark contrast to the $60-70 paid for an oil barrel.

He also expressed gratitude for low-cost electricity and declining electrolyzer costs.

According to him, the next step is providing access to a clean fuel that is cheaper than all the current fossil fuels, which will enable us to decarbonize the power sector and the most hard-to-abate sectors, such as fertilisers, steel manufacturing, and refineries.

"As the global energy and climate crises unfold, mass-scale competitive green hydrogen is ready to provide energy security, affordability, and decarbonization." "Integrated hydrogen hubs that bring together upstream, midstream, and upstream players on the basis of long-term off-take contracts are building powerful business models," commented Thierry Lepercq, President of HyDeal.

Pioneering African countries like Mauritania are leading the way, demonstrating that Africa can help the world with green hydrogen while also ensuring a future of industrial development and fast and clean growth for all, according to HyDeal President John Williams.

According to the report, the study was previewed at the Mauritania Pavilion at COP27 in Sharm el-Sheikh.

The study also showed that Egypt would be Africa’s largest producer of green hydrogen, with a capacity to produce 20 million tonnes per year. South Africa and Namibia are next with 17.5 million tonnes each, while Morocco and Mauritania could produce 12.5 million tonnes together, according to the report. 

 By Sumita Pawar