ENGIE announces collaboration to carry out the feasibility study on South Africa’s Hydrogen Valley
By Nyonga Fofang on
April 3, 2021
ENGIE, a global reference group in low-carbon energy and services announces today the signing of an agreement together with South Africa’s Department of Science and Innovation, South African National Energy Development Institute, Anglo American, one of the world’s leading producers of platinum group metals, and Bambili Energy, the clean energy solutions provider, to carry out a feasibility study to create a “Hydrogen Valley” located on the Bushveld Complex and more broadly around Johannesburg, Mogalakwena and Kwazulu Natal
The first step of the feasibility study, which is carried out by ENGIE Impact, is to identify tangible project opportunities to build hydrogen hubs in this key economic and transport corridor. The project’s objective is to identify up to 3 hydrogen hubs– zones with a high concentration of hydrogen demand, with access to green hydrogen that act as a hydrogen eco-system. Subsequently, a techno-economic analysis will be carried out on each of the hubs to assess the business case for the identified projects, map their potential for positive social impact and define the political and regulatory actions needed to create the conditions for implementation. This study will make recommendations on hydrogen projects in the hydrogen hubs.
Hydrogen is of strategic importance to South Africa. President Ramaphosa highlighted the Hydrogen South Africa Strategy in his recent State of the Nation address, stating that after a decade of research, South Africa is prepared to manufacture hydrogen fuel cells. The hydrogen economy presents an opportunity for South Africa to leverage its platinum resources to develop a domestic hydrogen economy valued at up to $10 billion per year, and to tap into the export potential of $100 billion per year.
Initiated as part of a national H2 roadmap, the development of a local hydrogen economy has the potential to have a significant impact in stimulating economic activity, job creation and decarbonisation of the region. This involves the development of new industries, the exploitation of platinum resources as well as taking advantage of the promising private sector initiatives being developed in the territory.
“ENGIE is delighted to be part of the ‘Hydrogen Valley’ study. We are keen to bring our global experts and knowledge encompassing the entire hydrogen value chain to accelerate Hydrogen solutions’ deployment in South Africa and beyond. We believe that renewable hydrogen is key to decarbonizing hard-to-abate industries and will play a fundamental role in the global economy of tomorrow.” says Sebastien Arbola, Executive Vice President in charge of Thermal Generation, Energy Supply activities and Hydrogen and CEO of the Business Unit in charge of Middle East, South &Central Asia, Turkey and Africa.
Articles by our principals on investment and equity in Africa.
ENGIE announces collaboration to carry out the feasibility study on South Africa’s Hydrogen Valley By Nyonga Fofang on April 3, 2021
ANGLO AMERICAN COLLABORATION ON FEASIBILITY STUDY FOR SOUTH AFRICA’S HYDROGEN VALLEY By Nyonga Fofang on March 31, 2021
Hydrogen fuel cells deployed at 1 Military Hospital in response to COVID-19 By on August 18, 2020
South Africa’s Hydrogen Economy Takes Off, Bambili Energy Invited to Join Government Hydrogen Strategy By Bambili Group on July 29, 2020
Nyonga Fofang on Energy Investment Webinar: Watch Here By Bambili Group on May 27, 2020
Transforming the Global Energy Economy By Nyonga Fofang on January 23, 2020
Bambili Group MD talks Trade & Cooperation in Africa on SABC News By on July 18, 2018
The Future of Global Energy By Nyonga Fofang on July 2, 2018
Managing Expectations in African Private Equity By Nyonga Fofang on July 24, 2017
After a disruptive year, what next? By Nyonga Fofang on January 27, 2017
Overdue Discussions on Local Content in Africa By Nyonga Fofang on June 29, 2016
Financing in the Age of Low Oil Prices By Nyonga Fofang on May 14, 2016