Tunisia power map, north crop

Tunisia pins its hopes on green energy export schemes


Issue 513 - 29 Sep 2024 - By John Hamilton | 6 minute read

Its domestic renewable energy industry may just be getting back on track after years of delay, but Tunisia has already launched one of the most ambitious green hydrogen development programmes in Africa, which it is promoting together with longstanding electric power export schemes.

Green hydrogen - yet another scramble for Africa?

Green hydrogen, istock

Green hydrogen (GH2) prospects in Africa are developing at breakneck speed. But the biggest questions remain unanswered.  

  • Yes, Africa has the resources but can these highly capital intensive projects be made bankable while lenders demand heavy risk premiums on African projects?
  • Can commercial offtake agreements be put in place without penalising more expensive first movers?  
  • And which projects will prevail?  Competition is growing for sites with the best wind, solar irradiation, water supply, logistics and access to market.  
  • If this is yet another scramble for Africa, will it bring sustainable development, unlike the 19th and 20th century quests for physical resources?

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