A study by global management consultancy Kearney has noted that Southern Africa, which has favourable conditions for renewable energy production, will be able to store renewable energy and export it to areas where renewable energy production is technically or economically limited. “The world’s steadily growing demand for hydrogen is expected to exceed supply by 2030, making now an ideal time to invest. Although Southern Africa has a major opportunity to produce green hydrogen, the region’s demand is projected to be lower than the demand centres in Europe and Asia,” says Kearney partner Prashaen Reddy.
