Investment risks and geopolitics challenge Africa’s hydrogen potential
Africa’s green hydrogen potential is becoming clearer, but its success hinges on overcoming financial and geopolitical hurdles.
Africa’s green hydrogen potential is becoming clearer, but its success hinges on overcoming financial and geopolitical hurdles.
The French government will back Lhyfe’s 34 tonne-per-day Green Horizon initiative, which is expected to be completed by 2029.
“The sector is facing several structural changes, including international competition and rapid advances in other decarbonisation methods.”
After a turbulent 2024 saw major projects paused, Spain’s hydrogen sector is back on track with €1.22bn recently pledged by the government for 2.3GW of green hydrogen valleys.
The European Commission’s scheme will support the construction of up to 345MW of installed electrolyser capacity and the production of 221,000 tonnes of green hydrogen in Spain.
The reforms are designed to prioritise ready energy projects and also remove long-standing inactive ones currently clogging the grid connection queue.
“Recent calls for technology neutrality in hydrogen policy, including the German coalition’s plans to adopt an ‘all hydrogen colours’ approach, would risk diluting the policies that have been adopted over the past two years.”
Europe has rowed back on proposed US tariffs next week and introduced a 90-day pause, mirroring the US position.
Helen Spence-Jackson, Executive Director, EDF Europe, opted for a different approach when addressing the Europe Clean Tech Conference in Brussels today.
“This initiative is a fantastic opportunity for young professionals to connect, learn, and contribute to the future of hydrogen.”