Namibia’s Green Hydrogen Opportunity
The Government of Namibia is focusing efforts on achieving large-scale, low-cost Renewable Energy development and designing models for sustainably maximizing fiscal revenue and local development in Renewable Energy investments and green ammonia production. There is widespread acknowledgement that hydrogen will play a pivotal role in decarbonising the global economy.
Volumes could reach 500-800 Mt of H2 by mid-century. The world is moving, and Namibia has the potential to achieve highly competitive green hydrogen production costs. Certain downstream hydrogen products inlcuding green ammonia and methanol, can be produced in Namibia and delivered globally at lower costs.
These products represent half of the 2050 demand for Hydrogen. In target off-takers sectors such as fertilizer, shipping en chemicals are identified early movers, already taking steps to consume clean Hydrogen. At the same time, globally competitive suppliers including Chile, Australia and Saudi Arabia, are moving to meet these markets.
Value can be unlocked by exporting green ammonia, to start with, at highly competitive prices by 2030. Exporting excess clean power further improves the economics and helps decarbonize power in Southern Africa. Potential to export additional Hydrogen-related products including synfuels, and steel are longer term.
As the world economy works to transition to net zero emissions, Namibia's vast renewable resources offer a once in a generation opportunity to jump start Namibia's industrialization, achieve energy security and increase prosperity for its citizens. All this while making a crucial contribution to solving the global climate challenge through the provision of affordable clean energy to the global economy and meeting Namibia’s pledges to the Glasgow Breakthrough agenda.
Preliminary market estimates note that at scale the //Kharas Region stands to absorb potential Foreogn Direct Investment of US$6 billion, produce 2 million tonnes of Ammonia, generate in excess of US$800 million in revenue every year, and house generation assets of 5GW with the capability to produce power at less than 3 US cents/kWh. Such an investment would be transformative not only for the southern region of Namibia, but for the country as a whole, according to the Harambee Prosperity Plan II.
A core component of this is aligning Namibia’s Development Plans with Global Priorities. The common denominator is the facilitation of clean energy projects to curb climate change globally. Namibia invites like-minded governments, organizations, individuals, and stakeholders to collaborate to realize SDG Namibia One. This call to action may be in the form of off-takers to purchase Namibia Green hydrogen products and derivatives, financing to provide grants and affordable financing to Namibian stakeholders, tech-providers to develop, manufacture, or provide technologies for the projects and developers to develop green hydrogen projects in Namibia. To get in touch on any of the above, please contact The Namibia Presidency.
Volumes could reach 500-800 Mt of H2 by mid-century. The world is moving, and Namibia has the potential to achieve highly competitive green hydrogen production costs. Certain downstream hydrogen products inlcuding green ammonia and methanol, can be produced in Namibia and delivered globally at lower costs.
These products represent half of the 2050 demand for Hydrogen. In target off-takers sectors such as fertilizer, shipping en chemicals are identified early movers, already taking steps to consume clean Hydrogen. At the same time, globally competitive suppliers including Chile, Australia and Saudi Arabia, are moving to meet these markets.
Value can be unlocked by exporting green ammonia, to start with, at highly competitive prices by 2030. Exporting excess clean power further improves the economics and helps decarbonize power in Southern Africa. Potential to export additional Hydrogen-related products including synfuels, and steel are longer term.
As the world economy works to transition to net zero emissions, Namibia's vast renewable resources offer a once in a generation opportunity to jump start Namibia's industrialization, achieve energy security and increase prosperity for its citizens. All this while making a crucial contribution to solving the global climate challenge through the provision of affordable clean energy to the global economy and meeting Namibia’s pledges to the Glasgow Breakthrough agenda.
Preliminary market estimates note that at scale the //Kharas Region stands to absorb potential Foreogn Direct Investment of US$6 billion, produce 2 million tonnes of Ammonia, generate in excess of US$800 million in revenue every year, and house generation assets of 5GW with the capability to produce power at less than 3 US cents/kWh. Such an investment would be transformative not only for the southern region of Namibia, but for the country as a whole, according to the Harambee Prosperity Plan II.
A core component of this is aligning Namibia’s Development Plans with Global Priorities. The common denominator is the facilitation of clean energy projects to curb climate change globally. Namibia invites like-minded governments, organizations, individuals, and stakeholders to collaborate to realize SDG Namibia One. This call to action may be in the form of off-takers to purchase Namibia Green hydrogen products and derivatives, financing to provide grants and affordable financing to Namibian stakeholders, tech-providers to develop, manufacture, or provide technologies for the projects and developers to develop green hydrogen projects in Namibia. To get in touch on any of the above, please contact The Namibia Presidency.
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