Impact Analysis of a Green Hydrogen and Power-to-X Economy on Energy Security
The objective of this study is to analyze the net impact of green hydrogen production on South Africas energy security. The study will benefit from the expertise and understanding of the Environmental Economic Social and Governance (EESG) framework for GH2/PtX sustainability. For example, the RE additionality criterion for sustainable GH2/PtX production, which requires that all renewable energy sources for GH2 production must be outside of (or beyond) what is already existing/planned to meet South African domestic consumer demand. The study will examine and analyze possible scenarios in which GH2 production would impact energy security (either positively or negatively). For example, the potential impact on access and affordability of off-grid RE options of the associated increase in renewable energy technologies in the market, resulting in a potential reduction in the associated costs of renewable energy components (such as PV panels). This would be considered a spillover (indirect) outcome of the GH2 sector on energy security. This study has the following five specific objectives:
- to review the energy security challenges facing South Africa as relevant to this study,
- to examine the potential impacts (positive and negative) that the production of green hydrogen and its derivatives can have on energy security - both directly and indirectly (spin-off impacts),
- assess the net impact of a green hydrogen economy on energy security and identify the enabling conditions to support a net positive outcome,
- to develop a GH2 energy security analysis report that makes sense for South Africa, and
- provide recommendations to policy makers, investors and project developers of this emerging GH2/PtX economy to support energy security through green hydrogen/PtX projects.
PROJECT IS PART OF
