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How will SA's proposed R319bn green hydrogen plans be funded?

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South Africa is working to capitalise on the opportunities offered by the green hydrogen sector.
South Africa is working to capitalise on the opportunities offered by the green hydrogen sector.
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It will cost South Africa close to R320 billion over the next five years to get green hydrogen projects off the ground, and a government-appointed panel has recommended "bold" policy that enables private sector investment in the emerging industry.

Earlier in December, the Department of Trade, Industry and Competition released the Green Hydrogen Commercialisation Strategy for South Africa for public comment. In June 2021, Trade, Industry and Competition Minister Ebrahim Patel appointed a green hydrogen panel to put together the report. It builds on research by the Department of Science and Innovation since 2007 on establishing the green hydrogen industry.

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