Siemens Energy's Role in South Africa's Energy Transition towards Green Hydrogen
Key Ideas
- Siemens Energy in South Africa is focused on supporting customers in the energy transition by providing technology for electricity generation, transmission, distribution, and even green hydrogen production.
- The company has been instrumental in helping Eskom reduce carbon emissions through control systems technology and operates wind generation divisions generating over a gigawatt of wind power.
- While Siemens Energy has exited the solar power market due to high competition, it is optimistic about the potential of Green Hydrogen projects in South Africa, despite challenges in project timelines and offtake agreements.
- Thabo Molekoa emphasizes the importance of developing the domestic Green Hydrogen market, suggesting government support for the entire energy infrastructure value chain to drive the growth of the energy sector as a whole.
Thabo Molekoa, chairman and MD of Siemens Energy in Southern Africa, emphasizes the company's mission to support customers in the energy transition in South Africa. With the energy market opening up and businesses having more options for power supply beyond Eskom, Siemens Energy plays a crucial role in providing technology for electricity generation, transmission, distribution, and green hydrogen production. While the company has a significant presence in wind power, it has exited the solar power market due to high competition. Thabo Molekoa expresses optimism about Green Hydrogen projects, citing the need for government guarantees similar to those provided for solar power projects in the past to stimulate growth. He believes that focusing on domestic demand for Green Hydrogen could be key to success. Molekoa also advocates for holistic government programs that support the entire energy infrastructure value chain to incentivize local equipment use and drive the development of the energy sector as a whole.
Topics
Projects
Energy Transition
Energy Infrastructure
Government Support
Offtake Agreements
Renewable Technologies
Domestic Market Growth
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