Europe’s scramble to find new sources of energy to reduce its reliance on Russia has given Sasol, South Africa’s biggest fuel producer, a new purpose to accelerate its green hydrogen plans. Sasol is focusing on green hydrogen — made by machines called electrolyzers that are powered by the wind and sun — in South Africa’s northwest coast. The company is doing a feasibility study that it expects to complete in two years, according to Sasol’s chief executive officer Fleetwood Grobler.
South Africa “will face competition from would-be exporters who are further along establishing a green hydrogen production pipeline,” which include Australia and Chile, said Antoine Vagneur-Jones, an analyst at BloombergNEF’s energy transitions team. It’s crucial for Sasol to get the transition right.
Energy Energy Latest News, Energy Energy Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: mybroadband - 🏆 11. / 67 Read more »
Source: mybroadband - 🏆 11. / 67 Read more »