JOHANNESBURG, Oct. 6, 2021 /PRNewswire/ -- The Boegoebaai
"green hydrogen" development has been designated a Strategic
Integrated Project (SIP) in the South African National Development
Plan and is located in the Namakwa Special Economic Zone (SEZ). The
project's location and classification as a SIP are key enablers to
exploring Boegoebaai's potential as a global green hydrogen
hub.
Sasol has been engaging with the Infrastructure and Investment
Office (IIO) of the Presidency to develop a hydrogen economy in
South Africa. The company has
signed a Memorandum of Agreement (MOA) with the Northern Cape
Development Agency (NCEDA) to lead the feasibility study to explore
the potential of Boegoebaai as an export hub for green hydrogen and
ammonia. This study is expected to take approximately 24 months.
The outcomes of this feasibility study will determine the next step
of development.
Sasol has signed a MOA with the Gauteng Provincial Government
(GPG) to leverage Special Economic Zones (SEZs) that have been
earmarked as enablers to unlocking South
Africa's green hydrogen market potential for domestic use,
such as mobility and aviation.
In parallel, Sasol has partnered with the Industrial
Development Corporation (IDC) who will provide joint funding for
the feasibility study.
"We are very excited to be leading this feasibility study as
part of unlocking South Africa's
potential to be a global green hydrogen and green ammonia export
player with the potential for sustainable aviation fuels in the
future. This will also be anchored by local demand for green
hydrogen. It is a tangible step forward for Sasol, as we seek to
play a leading role in establishing the Southern Africa green hydrogen economy," said
Priscillah Mabelane, Executive Vice President for Energy at
Sasol.
Sasol continues to advance several catalytic projects to develop
both local and export opportunities in the region. This Boegoebaai
project is one of a number of green hydrogen, ammonia and
power-to-X (P2X) opportunities, which Sasol is assessing as part of
the new strategy announced at its recent capital markets day.
Sasol's strategy is aligned with South
Africa's ambitions to establish the country as a significant
green hydrogen production and global export hub.
"We believe that Southern
Africa is well positioned to play in the global green
hydrogen economy due to key structural advantages. In particular,
our proprietary Fischer-Tropsch technologies and renewable
endowments, are some of the best in the world," said Mabelane.
"There is potential to create an ecosystem anchored on
localisation to enable long-term, sustainable benefits for
communities and the country. The project has the potential to
provide a significant number of long-term sustainable jobs,
infrastructure investment and skills development in the country,
enabling a Just Transition," added Mabelane.
"As the lead project integrator, Sasol will bring together
strategic partners along the value chain and other enabling role
players that will drive industrialisation of the Northern Cape.
These include potential customers, funders, investors, technology
suppliers and South African green energy providers.
"Sasol has committed to be net zero by 2050 and we see green
hydrogen as core to enabling this goal. We have the capabilities
and skill set, technology and solutions to co-create the South
African hydrogen economy," concluded Mabelane.
Issued by:
Matebello Motloung, Manager: Group Media Relations
Direct telephone: +27 (0) 10 344 9256; Mobile: +27 (0)
82 773 9457
matebello.motloung@sasol.com
About Sasol:
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knowledge and expertise to integrate sophisticated technologies and
processes into world-scale operating facilities.
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and Profit, responsibly and always with the intent to be a force
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