Content
Green hydrogen (H2) is needed to reduce carbon consumption in industry (decarbonisation). Currently, however, mainly so-called grey hydrogen from fossil fuels is used, among others in Ghana, Kenya, Jordan and Vietnam.
Since sustainability and the CO2 footprint will have a greater impact on the competitiveness of a product in the future, an early switch from grey to green H2 is worthwhile for companies.
However, this solution is currently not economical: green H2 will cost more than grey H2 in the coming years. Moreover, the selected countries are not currently the focus of German and European technology providers and project developers. The market is still being developed.
Objective
Ghana, Kenya, Jordan, and Vietnam are increasingly producing green hydrogen at competitive prices.
Approach
The project identifies local companies that are able to convert from grey to green H2 production in a short time. It advises them on plant design, business models and how to cover the financing gap to grey H2.
To accelerate the transition to green H2, the project facilitates access to financing instruments such as a public-private partnership (PPP) of the International Hydrogen Ramp-up Programme (H2-Uppp) and to suitable technology partners, including from Germany.
The project analyses industry segments that are suitable for pilot projects and introduces them to German companies. Additional trainings sensitise local H2 customers, producers and project developers with the participation of German solution providers.
Local companies gain access to providers who are made aware of concrete opportunities. Thanks to their pioneering role, they can benefit from financial support measures for pilot projects.
Thus, the project advances the energy transition in the partner countries. At the same time, German companies benefit from this approach, as it facilitates their market entry in developing and emerging countries.