Just 2% of African green hydrogen sites will be cost-competitive by 2030: study
New research has found that African green hydrogen exports to Europe will be largely unviable without substantial EU de-risking, and even then, only 2.1% of locations would be competitive.
Published in Nature Energy, the study used the GeoH2 model to assess levelised costs of hydrogen (LCOH) across 31 African countries, factoring in local renewable resources, storage, transport to port, and shipping of ammonia to Rotterdam, where it is reconverted to hydrogen.
Even under the most favourable financing conditions, such as low interest rates and full EU de-risking, just a handful of locations in Morocco, Algeria, Kenya, Namibia, Sudan and Mauritania are expected to be competitive with European hydrogen.
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