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Namibia to develop Green Industrial Economic Zone

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Namibia intends to boost its nascent Green Hydrogen (GH)Industry by creating a model ‘Green Industrial Economic Zone’ (GIEZ). According to the Namibian GH commissioner, this will encompass industries that manufacture and refine types of machinery that operate on green hydrogen.

Namibia intends to boost its nascent Green Hydrogen (GH)Industry by creating a model ‘Green Industrial Economic Zone’ (GIEZ). According to the Namibian GH commissioner, this will encompass industries that manufacture and refine types of machinery that operate on green hydrogen.

Developing such business models desists the country from the conventional practice of exporting crude raw materials and helps in local value addition, thus leveraging from trading in protected yet preferential markets. By doing so Namibia can attract manufacturers/investors who are in energy-intensive businesses to make green products, to be exported to the developed world, stated the GH commissioner James Mnyupe. Another added advantage is that the Government through these initiatives gets market preference in areas that are protected, such as the Carbon Border Adjustment Mechanism (CBAM). CBAM is a carbon tariff on carbon-intensive products, such as cement and some electricity, imported by the European Union.

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https://trendsnafrica.com/hyphen-hydrogen-energy-namibia-announces-750000t-ammonia-offtake/

Myupe made these remarks at the ground-breaking ceremony of Daures Green Hydrogen Village project envisaged generating one gigawatt of renewable energy powered by solar and wind turbines when fully operational. This project is in the Erongo Region located on a 15,000-hectare plot.

Government plans to scale up similar initiatives and is seriously contemplating setting up a green hydrogen industrial hub in Walvis Bay not far from Namport, which can be turned into a green hydrogen industrial hub, assembling wind turbines and electrolysers.