PRETORIA – The President was speaking at the launch of mining giant Anglo American’s clean energy powered 290 tonne payload mine haul truck in Limpopo.
The truck – which was converted from diesel to hydrogen – is also powered in part by lithium-ion batteries. It is a world first.
“What we are launching here today is not merely an impressive piece of machinery. It is the genesis of an entire ecosystem, powered by hydrogen.
“Developing the hydrogen economy is a strategic priority for our country. Not only will it be a valuable driver of economic growth and employment; it will also contribute to our decarbonisation efforts.
“The nuGen project provides demonstrable proof of the potential of this sector. It takes us from conceptualisation to reality,” he said.
The green hydrogen economy has been billed as a new frontier for clean energy as it emits low carbon emissions with a global potential of about $300 billion in exports.
South Africa holds approximately 80% of the world’s platinum group metals (PGMs) and 40% of the world’s platinum and palladium supplies – key components in the production of hydrogen.
President Ramaphosa said this could be catalytic for the country with plans already afoot to capitalise on this potential.
“The proposed hydrogen valley, stretching from Limpopo to Gauteng to KwaZulu-Natal, will position South Africa as a global centre for green hydrogen production.
“It will lead to the creation of new industries, aid the decarbonisation of sectors like transportation, manufacturing and construction, and create new jobs for our people in all these provinces,” he said.
The President added that the green hydrogen economy is also part of the country’s critical Economic Reconstruction and Recovery Plan borne out of the economic devastation of the COVID-19 pandemic.
“The National Hydrogen Society Roadmap that was approved by Cabinet late last year will give added impetus to the task of building a sustainable and resilient economy,” he said.
The President emphasized, however, that local businesses must not be left behind in projects such as the development of the hydrogen-powered truck.
“The green hydrogen value chain that Anglo is playing such an integral part in developing must lead to the creation of new businesses and supply chains.
“It must result in more opportunities and employment for the South African people, starting right here in Limpopo,” he said.
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