Driving South Africa's Green Hydrogen Revolution: Progress and Collaborative Efforts
Key Ideas
- Meaningful progress in South Africa's Green Hydrogen Commercialisation Strategy highlighted by Minister Parks Tau.
- Secured €23 million in grant funding from the German government to fast-track key green hydrogen projects.
- Established the Just Energy Transition Green Hydrogen Programme Management Office for coordination and support.
- Emphasis on collaboration and funding mechanisms to develop a strong green hydrogen ecosystem for economic growth.
The Minister of Trade, Industry and Competition in South Africa, Parks Tau, commended the progress in implementing the Green Hydrogen Commercialisation Strategy during the Green Hydrogen Summit in Cape Town. Various commercial-scale green hydrogen projects are underway across the country, focusing on different parts of the value chain. The Industrial Development Corporation secured €23 million in grant funding from the German government to accelerate key green hydrogen projects. Several identified Strategic Integrated Projects have advanced in their pre-feasibility studies. The establishment of the Just Energy Transition Green Hydrogen Programme Management Office by IDC aims to oversee the successful implementation of the green hydrogen chapter of the plan. Minister Tau stressed the need for collaboration due to the substantial funding required for a robust green hydrogen ecosystem. Emphasizing funding mechanisms, such as de-risking investments and supporting infrastructure, he highlighted the importance of policy support, capacity building, and technology transfer for sustainable ecosystem development. The green hydrogen ecosystem is envisioned to prevent de-industrialization and drive economic reindustrialization in South Africa.