German Chancellor Merkel Africa Envoy to drive green hydrogen, Energy Transition at African Energy Week 2021 in Cape Town
JOHANNESBURG, South Africa, June 29, 2021/ -- The African Energy Chamber (www.EnergyChamber.org)
is proud to announce that H.E. Gϋnter Nooke, personal representative of
the German Chancellor for Africa, will be attending and participating
at African Energy Week (AEW) 2021. Representing a prominent figure in
Germany-Africa relations, Nooke’s attendance is expected to drive a
discussion around Africa’s green hydrogen potential and emerging
projects, the move towards a continent-wide energy transition and the
value of international energy 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.
“Green
hydrogen is rapidly becoming the most suitable resource to expand
energy access and drive socioeconomic growth in Africa, while
significantly reducing greenhouse gas emissions. Germany-Africa
partnerships will not only enable the rapid increase in green hydrogen
developments aimed to reduce energy poverty continent-wide, but presents
valuable export opportunities that will drive economic growth. By
capitalizing on partnership opportunities with Germany, Africa can
establish a competitive green hydrogen market,” states NJ Ayuk,
Executive Chairman of the AEC.
There has already been
significant progress in green hydrogen developments across Africa with
countries such as South Africa, Niger, Mali and Namibia, among others,
redirecting a focus on the utilization of renewable energies through
green hydrogen. Coupled with Germany’s recently implemented National
Hydrogen Strategy in 2020 - in which the country is turning to
international partnerships in a bid to increase green hydrogen imports
and spur decarbonization globally - and Africa’s emerging green hydrogen
market – there has been an increase in Germany-Africa partnership
projects. Notably, the German development Bank KfW has initiated a
$279-million program towards the development of green hydrogen projects
in South Africa. Additionally, the H2Atlas project, spearheaded by the
German Federal Ministry of Education and Research, foresees the
production of approximately 165,000TWh of green hydrogen annually in
West Africa across several projects.
Nooke’s participation at AEW
2021 is expected to not only open a dialogue around these green
hydrogen projects and more, but bridge the gap between African
opportunities and German investments.
Additionally, Nooke’s
participation will drive the conversation around large-scale renewable
energy projects in Africa. As one of the world leaders in green power,
and with its recent shift towards the African continent regarding
Germany’s foreign policy and development agenda, the country is fully
focused on expanding economic opportunities through increased
participation in African renewable markets. Projects such as the Grand
Inga Hydropower Project, a 42,000MW hydropower expansion project in the
Democratic Republic of Congo, and the 500MW Noor Solar Complex in
Morocco, both demonstrate Africa’s vast renewable potential and the
lucrative opportunities available for German investors. Nooke’s
substantial experience and vast knowledge in both African and German
markets will enable African and German stakeholders attending AEW 2021
the opportunity to establish meaningful partnerships, drive green
hydrogen market growth, and address global climate concerns through the
development of an environmentally sustainable resource.
With
Africa’s role in the global energy transition, the expanding renewable
energy market, and the value and potential of green hydrogen comprising
key topics at AEW 2021, the event represents the ideal platform for
networking and deal-making as Africa pursues an energy sector
transformation.
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