Up to 41 green hydrogen projects are expected to enter development in Africa over the next five years, although not one initiative on the continent has yet reached final investment decision (FID).
In its Africa OPEX Report, the Energy Industries Council (EIC) highlights that, despite Africa’s vast renewable energy potential and promising outlook, the continent continues to grapple with securing reliable offtake agreements, developing a comprehensive regulatory framework, and constructing resilient infrastructure.
Africa is poised to become a key supplier of hydrogen to Europe as efforts intensify to reduce reliance on Russian gas. According to the report, 61.1 GW of renewable energy capacity is already operational across the continent, and under the REPowerEU Plan, Europe aims to import 10 million tonnes of green hydrogen annually from Africa.
... to continue reading you must be subscribed
