Namibia Surges Ahead in African Green Steel Race
Key Ideas
- Namibia's HyIron Oshivela plant successfully produced green hydrogen, placing the country ahead in the African hydrogen economy and green steel production race.
- Namibia's approach, with a focus on climate neutrality, pragmatic regulation, and investor-friendly policies, has propelled it forward compared to South Africa.
- South Africa's Hydrogen Society Roadmap lags behind implementation, despite significant financial commitments. Namibia's breakthrough challenges the efficiency of using green hydrogen in industrial processes.
- Despite the setback, South Africa's Coega Steels in the Eastern Cape is positioned to become a key player in the green steel sector, with a focus on reducing carbon emissions through mini mills.
President Cyril Ramaphosa allocated R319 billion towards developing South Africa's hydrogen economy, but Namibia has made significant progress in green steel production. The HyIron Oshivela plant in Namibia successfully produced green hydrogen, positioning Namibia as a leader in the African hydrogen economy. The project is set to reduce 27,000 tonnes of CO₂ emissions per year. Namibia's approach, emphasizing climate neutrality, pragmatic regulation, and investor-friendly policies, has given it an edge over South Africa. South Africa's Hydrogen Society Roadmap, although ambitious, has faced implementation delays. The Coega Steels in South Africa's Eastern Cape aims to become a significant player in the green steel sector, focusing on reducing carbon emissions through mini mills. While South Africa holds potential in green steel, Namibia's progress questions the efficiency of green hydrogen. The debate continues on whether using renewable electricity directly for steel production is more effective than green hydrogen.
Topics
Green Hydrogen
Green Energy
Economic Development
Renewable Resources
Regulation
Industrial Decarbonisation
African Economy
Investment Climate
Political Will
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