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Green Hydrogen H2 News

Kenya Needs More Investment to Make Green Hydrogen Power Attractive for Investors

Anela DoksoBy Anela Dokso05/10/20232 Mins Read
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Kenya needs to sink in more investments into its energy sector if it’s to make green hydrogen power attractive for investors.

Green hydrogen is produced through the electrolysis of water using renewable energy sources, such as wind or solar power, which makes it a zero-emission energy carrier when produced using green energy sources.

Africa, with its abundant renewable energy potential, is considered a promising region for green hydrogen production and utilization. Many African nations are actively pursuing energy transition strategies to reduce greenhouse gas emissions and combat climate change.

According to REFA, green hydrogen can play a crucial role in this transition by offering a clean alternative to fossil fuels. Kenya has already announced a partnership with FFI to develop 300MW of green ammonia. Experts say that if implemented, green hydrogen adoption could increase the GDP in African countries by between six to 12 percent.

However, they also caution that the development of green hydrogen infrastructure will require skilled labour across various sectors. This presents an opportunity for collaboration in capacity building and knowledge exchange across nations.

Recently, the European Investment Bank announced some 1.8 million euros to kick-start green hydrogen investments in Kenya. Green hydrogen has the potential to revolutionize Kenya’s energy sector and economy. It can help the country to reduce its reliance on fossil fuels, create jobs, and boost economic growth.

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