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

USD -
AED 3.672496
AFN 68.3669
ALL 83.349917
AMD 382.700923
ANG 1.789783
AOA 917.000026
ARS 1314.500015
AUD 1.556033
AWG 1.80125
AZN 1.699001
BAM 1.678186
BBD 2.013283
BDT 121.620868
BGN 1.684695
BHD 0.37705
BIF 2964
BMD 1
BND 1.286588
BOB 6.907914
BRL 5.476798
BSD 0.999588
BTN 87.180455
BWP 13.450267
BYN 3.366428
BYR 19600
BZD 2.005526
CAD 1.38981
CDF 2864.999934
CHF 0.808899
CLF 0.024753
CLP 971.050418
CNY 7.180401
CNH 7.18391
COP 4035.75
CRC 504.406477
CUC 1
CUP 26.5
CVE 95.330108
CZK 21.169034
DJF 177.720285
DKK 6.42995
DOP 62.37499
DZD 129.924959
EGP 48.492506
ERN 15
ETB 141.797358
EUR 0.86135
FJD 2.27385
FKP 0.74349
GBP 0.74521
GEL 2.694999
GGP 0.74349
GHS 11.004997
GIP 0.74349
GMD 71.999942
GNF 8678.500773
GTQ 7.664982
GYD 209.142475
HKD 7.81415
HNL 26.293369
HRK 6.488602
HTG 130.792926
HUF 341.419615
IDR 16350.95
ILS 3.4104
IMP 0.74349
INR 87.261976
IQD 1310
IRR 42050.000338
ISK 123.509863
JEP 0.74349
JMD 160.645258
JOD 0.708984
JPY 148.326497
KES 129.502571
KGS 87.447985
KHR 4005.000459
KMF 422.505074
KPW 900.00801
KRW 1401.034971
KWD 0.30589
KYD 0.833069
KZT 537.332773
LAK 21599.999739
LBP 89554.999749
LKR 301.768598
LRD 201.874994
LSL 17.669967
LTL 2.95274
LVL 0.60489
LYD 5.424987
MAD 9.020194
MDL 16.829568
MGA 4434.99991
MKD 53.028899
MMK 2098.932841
MNT 3596.07368
MOP 8.045103
MRU 39.969772
MUR 45.739766
MVR 15.409776
MWK 1736.499485
MXN 18.763085
MYR 4.224503
MZN 63.903444
NAD 17.669769
NGN 1536.890251
NIO 36.800592
NOK 10.178099
NPR 139.488385
NZD 1.71775
OMR 0.384494
PAB 0.999631
PEN 3.509784
PGK 4.143495
PHP 57.178501
PKR 281.949663
PLN 3.666586
PYG 7223.208999
QAR 3.64075
RON 4.352906
RSD 100.931987
RUB 80.575376
RWF 1445
SAR 3.752718
SBD 8.220372
SCR 14.714478
SDG 600.509472
SEK 9.620635
SGD 1.288798
SHP 0.785843
SLE 23.301297
SLL 20969.49797
SOS 571.501661
SRD 37.979883
STD 20697.981008
STN 21.35
SVC 8.746316
SYP 13001.955997
SZL 17.669941
THB 32.663989
TJS 9.396737
TMT 3.5
TND 2.890973
TOP 2.342099
TRY 40.9364
TTD 6.774047
TWD 30.510369
TZS 2490.885004
UAH 41.180791
UGX 3563.56803
UYU 40.192036
UZS 12499.999782
VES 137.956899
VND 26432.5
VUV 119.91017
WST 2.707396
XAF 562.893773
XAG 0.026253
XAU 0.000299
XCD 2.70255
XCG 1.801636
XDR 0.699543
XOF 562.000331
XPF 102.750161
YER 240.199446
ZAR 17.73362
ZMK 9001.201299
ZMW 23.117057
ZWL 321.999592
  • CMSC

    0.0100

    23.45

    +0.04%

  • RIO

    0.6800

    61.3

    +1.11%

  • SCS

    -0.0800

    16.1

    -0.5%

  • NGG

    -0.6500

    71.43

    -0.91%

  • JRI

    0.0000

    13.33

    0%

  • BCC

    0.1700

    84.67

    +0.2%

  • RYCEF

    0.2400

    13.99

    +1.72%

  • BCE

    -0.0200

    25.72

    -0.08%

  • CMSD

    0.0200

    23.71

    +0.08%

  • BTI

    0.2600

    59.27

    +0.44%

  • RBGPF

    0.0000

    73.27

    0%

  • GSK

    0.0100

    40.08

    +0.02%

  • RELX

    -0.5000

    48.19

    -1.04%

  • BP

    0.1700

    34.05

    +0.5%

  • AZN

    -0.0600

    80.46

    -0.07%

  • VOD

    -0.0400

    11.86

    -0.34%

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