NAMIBIA can expect a very stable market for Green Hydrogen in Europe as the continent has resolved to work towards climate neutrality by reducing carbon emissions in order to minimise the effects of climate change.
This was explained by the German Green Hydrogen envoy to Namibia, Rainer Baake, during a courtesy call with President Hage Geingob on Tuesday. During the meeting, Baake emphasised that Namibia’s Green Hydrogen industry will be very valuable to Germany, and Europe overall, as the effects of climate change are quite visible across the continent – therefore requiring urgent intervention.
“The industrialised countries for a long time thought that the effects (of climate change) will probably be seen in other parts of the world. We see now that that is not true. We had terrible floods in Germany just recently, lots of people died. Right now, two huge parts of Italy are suffering from droughts and from heat. So, we see the effects of climate change in our parts of the world,” Baake said.
Baake explained that the European Union (EU) and Germany hope to attain climate neutrality by 2050 and 2045 respectively. He noted that this is a very short period of time and said that in order to achieve this objective, they have to strive to electrify all sectors of the continent with renewable energy. However, he explained, there are some sectors where that is not possible.
One of these sectors is the production of Ammonia. Baake said that Ammonia, which is one of the by-products of the Green Hydrogen industry, is a very important product for industrial countries. Germany, he explained, is the biggest producer and consumer of ammonia. However, the country currently produces ammonia with fossil fuels and by doing so Germany – alone – produces about six million tonnes of CO2 a year.
Considering this, he explained that working towards decarbonisation is vital. He therefore stressed the urgency of international collaboration in this regard. This was also emphasised by the Minister of Mines and Energy, Tom Alweendo, who said that the success of the Green Hydrogen project hinges on partnership.
Acknowledging Germany’s enthusiasm, Geingob said that Namibia is also eager to get the project off the ground. This, he explained, is because Namibians stand to benefit from the project as the project would address the problem of youth unemployment, among others, in the country.
File photo for illustrative purposes only.