The initial export component of South Africa’s yet-to-be-approved Green Hydrogen Commercialisation Strategy is not premised on the trade of scarce renewable electrons – converted into molecules or other tradeable derivatives – to decarbonise the industries of developed economies in Europe and Asia, Presidential Climate Commission (PCC) commissioner Joanne Bates insists. Instead, such exports are designed to ensure that South Africa can “lock-in” the grants, concessional debt and contract-for-difference price subsidies that are currently being offered by countries such as Germany and Japan to stimulate the use of green hydrogen products in their hard-to-abate sectors of steel, cement, petrochemicals, shipping and aviation.
The initial export component of South Africa’s yet-to-be-approved Green Hydrogen Commercialisation Strategy is not premised on the trade of scarce renewable electrons – converted into molecules or other tradeable derivatives – to decarbonise the industries of developed economies in Europe and Asia, Presidential Climate Commission commissioner Joanne Bates insists.
She acknowledged concern over the export-orientation of the strategy, which some critics view as having potential to place the interest of industry and developed countries ahead of pressing domestic needs for clean energy. “South Africa is well positioned for exports with estimates of the potential ranging between 1.9- and 8-million tons of green hydrogen yearly,” she said, adding that the country could possibly secure a market share of up to 10% for green ammonia and methanol shipping fuels along the Atlantic and Indian Ocean shipping routes.
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