A commercial expert for Cliffe Dekker Hofmeyr
The “Hydrogen Valley” project is a beacon of light in the transition to a low-carbon economy, says Jackwell Feris, a commercial expert from Cliffe Dekker Hofmeyr .
The valley will ultimately stretch approximately 835 kilometres, and present massive employment and investment opportunities, while working with the greater strategy of moving away from dependence on coal. “Any excess renewable energy produced for hydrogen production, if available, could be diverted to deal with energy poverty or the energy crisis in South Africa.”
At its core, Feris said the Hydrogen Valley project in South Africa has the potential to significantly boost the country’s economy.$4 billion to $9 billion“This increase in GDP would not only provide an immediate boost to the economy but could also create long-term, sustainable economic growth by creating new jobs and opportunities in the clean energy sector,” said Feris.
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