The establishment of
This follows the launch of the Hydrogen Valley Feasibility Study Report by the
According to the report, the job growth may be seen in sectors across the whole hydrogen value chain - from sourcing of resources, production, transport and storage to applications such as fuel cell manufacturing.
The feasibility study was completed in partnership with
Estimates have placed the potential gross domestic product (GDP) impact, both direct and indirect, of the hydrogen projects at
In addition, this project could bring an additional
"This revenue could be used to invest in the hydrogen economy and further magnify the positive impact," the report found.
Job creation, according to the study, also has the potential to contribute to the "just transition".
"For example, jobs requiring training the workforce will put male and female workers on equal footing."
National initiative
According to the DSI, the hydrogen valley will serve as an industrial cluster, bringing various hydrogen applications in the country together to form an integrated hydrogen ecosystem.
The initiative is also set to play a key role in supporting the Economic Reconstruction and Recovery Plan for
Delivering his keynote address, the DSI's Director-General, Dr Phil Mjwara, said the establishment of a hydrogen valley was an important national initiative.
"The implementation of phase 3 of the Economic Reconstruction and Recovery Plan is driven by the core elements of reconstruction and transformation, and this entails building a sustainable, resilient and inclusive economy."
Mjwara believes that this establishment has great potential to unlock growth and revitalise the industrial sector.
In addition, this move will position
"And one of the things that I'm particularly excited about is that it is also important to see this hydrogen valley as a place that will open up training for young people."
In other countries, these valleys are used to promote clean emerging technologies and support emissions reduction.
Meanwhile, hydrogen and fuel cell technologies offer an alternative source of clean electricity, while hydrogen allows energy to be stored and delivered in usable form.
"Using hydrogen as an energy carrier could potentially reduce
Mjwara said implementing this complex initiative is not going to be achievable unless government continues with its ongoing partnerships.
The country's proposed hydrogen valley will start near Mokopane in Limpopo, where platinum group metals (PGMs) are mined, extending through the industrial and commercial corridor to
Hydrogen economy
As a leading producer of PGMs, Viljoen said the company has been working towards establishing the right ecosystem to successfully develop, scale-up and deploy hydrogen-fuelled solutions.
"These include investing in innovative ventures and enabling technologies, as well as forging wide-ranging collaborations across industry, to fully harness the transformative potential of green hydrogen for our economy in
Meanwhile,
CEO of Bambili Energy,
"This initiative underpins a growth market for the South African economy while supporting Bambili Energy's mission, which also helps to reduce global carbon emission levels," Mbatha said.
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