Namibia
Why is Namibia suited to green hydrogen production?
Namibia is uniquely positioned to develop green hydrogen at scale and at a low cost compared to most other countries, due to a combination of a very clear Government strategy, abundant natural resources, political stability and attractive investor landscape.
Lowest cost of production achieved through world class wind and solar resources: The SCDI and the specific project location for the Hyphen project is amongst the world’s top three for low-cost hydrogen production given the quality of its co-located wind and solar resources, the quality and availability of which are the largest influences on the cost of its green hydrogen production.
Incomparable scalability, due to high land availability – 100% owned by GRN: Namibia is a vast and sparsely populated country (the second least populated country globally) meaning there are large swathes of uninhabited and undeveloped land, with co-located solar and wind resources.
Lower capital costs compared to many other globally competitive green hydrogen potential countries: Thanks to Namibia’s political stability, investor-friendly landscape, clear Government strategy and strong governance framework, Namibia is one of the most stable, well run and lowest risk countries in Africa and is well positioned from a global risk perspective in comparison to other green hydrogen production potential countries.
Namibia’s Green Industrialisation Strategy
Namibia plans to establish an integrated, thriving, green ecosystem across southern Africa. Shared green energy infrastructure will unlock new synergies, and Namibia will use green energy to further existing manufacturing, mining and minerals processing industries.
Namibia’s Green Industrialisation Strategy outlines potential areas of focus to develop green manufacturing. The Strategy notes that Namibia has a wealth of available resources, a stable political structure, good infrastructure, and a skilled and available workforce. These factors will allow the country to become a green manufacturing superpower.
Hyphen’s project is designed to act as a catalyst to establish an entirely new industry in Namibia. The longer-term opportunities for green industrialisation linked to hydrogen development within Namibia are significant. Not only will building this industry have direct positive effects on fiscal revenues, economic growth, employment, national skills and supply chain value, it will also create significant indirect economic benefits – the multiplier effects of large infrastructure projects can lead to the establishment of entirely new industries in the energy sector and beyond.
