Page 9 - AfrOil Week 49 2022
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AfrOil                                        INVESTMENT                                               AfrOil



                         German Economy Minister Robert Habeck   to cover Namibia’s current power demand of
                         hinted at financial support for the project dur-  about 5 TWh. Namibia could therefore become
                         ing a visit to Windhoek on Monday, Decem-  the first carbon-neutral country on the African
                         ber 5, according to the media agency. He also   continent and eliminate the need to import
                         remarked that the investment sum of around   electricity from neighbouring South Africa,
                         €10bn “almost equals the annual gross national   Bloomberg notes.
                         product of Namibia.”                   Ammonia is one of  the most common basic
                           The project will be located near the old colo-  materials in the chemical industry. More than
                         nial port town of Luderitz on Namibia’s Skeleton   180mn tonnes per year (tpy) is produced glob-
                         Coast. It will use the country’s abundant solar   ally and processed into fertilisers or used in
                         and wind power to produce green hydrogen,   chemical processes or other applications. ™
                         which would then be turned into ammonia and
                         shipped to Germany.
                           After a shortfall of natural gas following Rus-
                         sia’s invasion of Ukraine in late February, coun-
                         tries in Europe and particularly Germany are
                         rushing to secure alternative sources of energy
                         from across the globe, writes Bloomberg.
                           German energy giant RWE is currently
                         building a second domestic ammonia terminal
                         and earlier this week signed a memorandum
                         with Hyphen that could see it offtake up to
                         300,000 tonnes a year of green ammonia, which
                         is particularly suitable for transport by ship.
                           “We have a great demand for green ammonia
                         in Germany,” Habeck said.
                           According to Rainer Baake, a special Ger-
                         man government envoy for German-Namibian
                         climate and energy cooperation, the hydrogen
                         plant could produce up to 20 TWh of energy.  Habeck (R) met with Namibian President Hage
                           A quarter of this amount would be enough   Geingob (L) on December 5 (Photo: Twitter/@BMWK)



       South Africa grants special status to Hive



       Energy Africa’s green ammonia project






          SOUTH AFRICA   SOUTH Africa’s government has registered a   in Cape Town that the Coega Green Ammo-
                         $5.8bn green energy development in the south   nia project by British renewables developer,
                         of the country as a special integrated project,   Hive Energy Africa (Hive) would be built on
                         making its implementation a national priority.  a fast-track basis due to this special status, the
                           Public Works and Infrastructure Minister   local publication Mining Weekly reported on
                         Patricia de Lilletold a Green Hydrogen Summit   December 6.





















                                                       Future site of Coega Green Ammonia project (Image: Hive Energy)



       Week 49   08•December•2022               www. NEWSBASE .com                                              P9
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