Green hydrogen: Geingob says the hour has comeAfrica has the potential to become a key player in the global energy market and the continent should embark on policy convergence and regulatory reforms to unlock the potential of renewable technologies in green hydrogen, President Hage Geingob said.
He made the remarks yesterday while virtually delivering a speech at the opening of the second renewable energy forum of the African Renewable Energy Initiative, held physically in Cairo, Egypt. “Green hydrogen is part and parcel of Namibia’s long-term decarbonisation agenda,” he said. “We are focusing efforts on achieving large-scale, low-cost renewable energy development. To this extent, we intend to become the front runner as a continental green hydrogen production hub.”
The president added that policy convergence and regulatory reforms in the African energy governance architecture are crucial to unlock the potential of renewable technologies in green hydrogen, wind projects, solar power and other low-carbon generation capacities. ‘The time has come. Yes, the time is right to do the right things. With the right kind of collaborations and partnerships, the time has come to ensure that no one is left behind in our ambition of energy for all. Let us therefore hold hands, pull together and work together to ensure access to affordable, reliable, sustainable and modern energy for all.”
Geingob, who is serving his last term in office - dubbed the ‘legacy term’, is pulling out all the stops regarding the green hydrogen project, for which government has enlisted a German consortium that plans on splashing US$9.4 billion on the scheme.
Namibia made the most of her debut at the annual World Economic Forum meeting held in Davos, Switzerland, earlier this year, pitching the green hydrogen project to mostly Europe.