The Minerals Council which represents about 90% of the industry, said the country’s hydrogen opportunities were a game changer.
South Africa’s decade-long investment in hydrogen energy development and research is expected to pay off as fossil fuel companies turn to greener futures.are among the companies gearing up to restructure their businesses for hydrogen and fuel cell technology development.on Wednesday where it was pointed out that decommissioned coal-fired power infrastructure could be transformed into chemical hubs for green hydrogen production.
South Africa has ideal weather conditions for solar and wind generation, which are the renewable energy options typically used in green hydrogen production, according to the science and innovation department, which told thethat high solar and wind availability increases the use of hydrogen electrolysers, lowering the cost of green hydrogen production.
The government believes that within 10 years Japan, South Korea and the European Union will emerge as the main export destinations for green hydrogen, given the advancement of policies in these countries. Each country planning to produce hydrogen has set out its target price for green hydrogen, ranging from $1.5 a kilogramme to $2/kg by 2030.
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