African nations ‘could meet 22pc of hydrogen trade’
Report from the Africa Green Hydrogen Alliance says region could help meet both European and Asian demand
African countries could meet 22pc of the expected international cross-border hydrogen and derivatives trade by 2050, according to a report from the Africa Green Hydrogen Alliance (AGHA), a group of six African countries looking to promote regional development of the fuel. A separate report by consultancy Mckinsey found global hydrogen demand could reach 607mn t/yr by 2050, although this is at the higher end of a range of demand figures published by other organisations. Local supply will mee the bulk of global demand. But international cross-border trade for hydrogen and its derivatives is expected by Mckinsey to reach 100–180mn t/yr by 2050, with the majority of growth occurring between 2030
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