Key Note Speech

The government's ultimate goal therefore is to achieve large-scale, low-cost Renewable Energy development

The Prime Minister welcomed the opportunity to lay out the government’s commitment to Green hydrogen development and supporting investments. She emphasised that the government is committed to putting in place a competitive market for Green Hydrogen production and development.

With the 2021 - 2028 Green Hydrogen market globally projected to reach USD 9.8 billion, the government understands that it will require an industry equipped with professional and vocational skills to make Green Hydrogen development possible Make no mistake, the socio-economic impact is immense as jobs are created and in turn, a steady income for many homes is created. Namibia aims to move away from being a net energy importer, and instead create an energy surplus that meets not only local needs but also the needs of other countries.

The government's ultimate goal, therefore, is to achieve large-scale, low-cost Renewable Energy development and the designing of models for sustainably maximising fiscal revenue and local development in renewable energy investments and green hydrogen and or ammonia production.

USD9.8 Billion Project Market Value 2021 - 2028