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Africa-Europe Green Hydrogen Cost Competitiveness Mapped
- A recent study assesses Africa's potential to supply green hydrogen to Europe, considering economic, infrastructural, and geopolitical factors.
- 31 African countries with coastlines are evaluated for green hydrogen export prospects, excluding landlocked and politically unstable regions.
- 34 African projects using wind or solar-powered electrolysis are analyzed, with a median production capacity of 60.6 kilotonnes annually.
- The study incorporates various financing scenarios, including commercial and de-risked options, to gauge project economics.
- GeoH2 optimization model aids in cost calculations for off-grid electrolyser facilities powered by renewables in Africa.
- Transporting green hydrogen to Europe via ammonia is considered, factoring in shipping costs based on geodesic sea distances.
- Comparative analysis with EU production reveals European LCOH benchmarks around €4.7 per kilogram, influenced by grid electricity costs.
- While the study captures key cost components, certain factors like port upgrades and technology cost declines post-2030 are excluded.
- The research highlights the importance of de-risking initiatives and international collaboration for Africa's green hydrogen competitiveness.
- Understanding financing structures, political risks, and infrastructure readiness is crucial for scaling up African green hydrogen exports.
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