The China Mail - Big potential for green hydrogen in North Africa: report

USD -
AED 3.672502
AFN 66.272138
ALL 83.49892
AMD 382.462203
ANG 1.789982
AOA 917.000222
ARS 1406.911304
AUD 1.533966
AWG 1.805
AZN 1.701199
BAM 1.689676
BBD 2.011145
BDT 121.87473
BGN 1.689676
BHD 0.373737
BIF 2940.647948
BMD 1
BND 1.300389
BOB 6.909719
BRL 5.334399
BSD 0.998531
BTN 88.502808
BWP 13.406479
BYN 3.40311
BYR 19600
BZD 2.008207
CAD 1.40302
CDF 2149.999776
CHF 0.806225
CLF 0.024015
CLP 942.090228
CNY 7.11935
CNH 7.122165
COP 3780.3
CRC 501.339093
CUC 1
CUP 26.5
CVE 95.261339
CZK 21.03101
DJF 177.814255
DKK 6.46169
DOP 64.155508
DZD 129.316631
EGP 47.012697
ERN 15
ETB 154.143499
EUR 0.86534
FJD 2.28425
FKP 0.760233
GBP 0.760575
GEL 2.705011
GGP 0.760233
GHS 10.919222
GIP 0.760233
GMD 73.00004
GNF 8667.818575
GTQ 7.651836
GYD 208.907127
HKD 7.77563
HNL 26.25486
HRK 6.51898
HTG 132.907127
HUF 332.810054
IDR 16669
ILS 3.24347
IMP 0.760233
INR 88.63935
IQD 1308.077754
IRR 42099.999599
ISK 126.703233
JEP 0.760233
JMD 160.267819
JOD 0.708964
JPY 153.946992
KES 129.209843
KGS 87.450129
KHR 4019.006479
KMF 421.000235
KPW 900.018268
KRW 1456.145008
KWD 0.306901
KYD 0.832138
KZT 524.198704
LAK 21680.345572
LBP 89418.488121
LKR 304.354212
LRD 182.332613
LSL 17.296674
LTL 2.95274
LVL 0.60489
LYD 5.452268
MAD 9.256069
MDL 17.024622
MGA 4488.12095
MKD 53.153348
MMK 2099.87471
MNT 3580.787673
MOP 7.998963
MRU 39.553348
MUR 45.90988
MVR 15.405027
MWK 1731.490281
MXN 18.43226
MYR 4.166996
MZN 63.950265
NAD 17.296674
NGN 1435.23005
NIO 36.742981
NOK 10.152799
NPR 141.60432
NZD 1.775568
OMR 0.38114
PAB 0.998618
PEN 3.369762
PGK 4.215983
PHP 58.947013
PKR 282.349719
PLN 3.670117
PYG 7065.226782
QAR 3.639309
RON 4.401198
RSD 101.226782
RUB 81.085876
RWF 1450.885529
SAR 3.750401
SBD 8.230592
SCR 13.701253
SDG 600.496076
SEK 9.533875
SGD 1.302655
SHP 0.750259
SLE 23.195989
SLL 20969.499529
SOS 570.62635
SRD 38.59899
STD 20697.981008
STN 21.166307
SVC 8.736933
SYP 11056.858374
SZL 17.302808
THB 32.350499
TJS 9.216415
TMT 3.51
TND 2.95162
TOP 2.342104
TRY 42.23858
TTD 6.768898
TWD 31.015797
TZS 2456.415026
UAH 41.870929
UGX 3494.600432
UYU 39.766739
UZS 12042.332613
VES 228.194001
VND 26306
VUV 122.303025
WST 2.820887
XAF 566.701512
XAG 0.020379
XAU 0.000247
XCD 2.70255
XCG 1.799568
XDR 0.704795
XOF 566.701512
XPF 103.032397
YER 238.501498
ZAR 17.28389
ZMK 9001.203851
ZMW 22.591793
ZWL 321.999592
  • SCS

    0.0000

    15.76

    0%

  • JRI

    -0.0100

    13.74

    -0.07%

  • RIO

    0.0600

    69.33

    +0.09%

  • NGG

    1.4600

    77.75

    +1.88%

  • GSK

    -0.4700

    46.63

    -1.01%

  • CMSD

    0.0900

    24.1

    +0.37%

  • RELX

    -1.1200

    42.27

    -2.65%

  • BCC

    -0.0900

    70.64

    -0.13%

  • RBGPF

    -0.7800

    75.22

    -1.04%

  • CMSC

    0.0700

    23.85

    +0.29%

  • BP

    0.7600

    36.58

    +2.08%

  • BCE

    0.0200

    23.19

    +0.09%

  • BTI

    0.3800

    54.59

    +0.7%

  • VOD

    0.2400

    11.58

    +2.07%

  • RYCEF

    0.0800

    14.88

    +0.54%

  • AZN

    0.8100

    84.58

    +0.96%

Big potential for green hydrogen in North Africa: report
Big potential for green hydrogen in North Africa: report / Photo: © AFP/File

Big potential for green hydrogen in North Africa: report

By 2050 North Africa could become a leading exporter of green hydrogen with Europe its main market, according to a recent report projecting the future of an industry still in its infancy.

Text size:

So-called green hydrogen is set "to redraw the global energy and resource map as early as 2030, creating a $1.4 trillion-a-year market by 2050," according to the report from accounting consultancy Deloitte.

Hydrogen fuel -- which can be produced from natural gas, biomass or nuclear power -- is considered "green" when hydrogen molecules are split from water using electricity derived from renewables such as solar and wind that do not produce carbon emissions.

Less than one percent of the world's hydrogen production presently qualifies as green.

But the climate crisis -- coupled with both private and public investment -- has sparked rapid growth in the sector.

The Hydrogen Council, a lobbying group, lists more than a thousand hydrogen projects in the pipeline worldwide.

Projects launched before 2030 would require about $320 billion dollars in investment, the Council said.

By 2050, according to Deloitte, the main green hydrogen exporters are likely to be North Africa ($110 billion per year), North America ($63 billion), Australia ($39 billion) and the Middle East ($20 billion).

Management consultancy reports can be assumed to heavily reflect the financial interests of their corporate clients, including some of the world's largest carbon polluters.

But the need to meet climate targets and generous subsides are driving demand for clean energy of all kinds, including green hydrogen.

Long-haul aviation and shipping industries -- for which the type of electric batteries powering road vehicles is not an option -- are also keen on hydrogen as an alternative to fossil fuels.

- Moroccan Sun and wind -

The emergence of a clean hydrogen market from solar and wind could also make the industry more inclusive of developing countries, says the report.

It would also allow Global South steel industries, for example, to leapfrog past coal.

For now, however, 99 percent of the global production remains "grey," meaning that hydrogen is produced by splitting methane molecules, which releases greenhouse gases no matter what kind of energy drives the process.

Truly green hydrogen releases hydrogen from carbon-free water molecules (H20) using an electrical current from a renewable source.

This is where Northern Africa may have a major role to play, says Sebastien Douguet, director of the Deloitte Energy and Modelling team and co-author of the report, which is based on International Energy Agency (IEA) data.

"We're seeing that a number of North African countries such as Morocco or Egypt are taking up the hydrogen issue, and that 'hydrogen strategies' are being announced there just a few years behind the European Union and the United States," Douguet told AFP.

"Morocco has very strong potential for wind energy that is often overlooked, and a great potential for solar power, and Egypt has the means to become the principal exporter of hydrogen to Europe in 2050 thanks to an existing natural gas pipeline" which could be adapted to transport hydrogen, he said.

The report predicts investment will end by 2040 for carbon capture and storage as a solution to the emissions of methane-based hydrogen, which is the current strategy of the oil-rich Gulf States, as well as the United States, Norway and Canada.

Hydrogen produced this way is not be labelled green, but rather "blue".

B.Chan--ThChM