ECOWAS targets production of 0.5 million tonnes of green hydrogen by 2030
The target is for the West African region to be able to produce by 2030, 0.5 million tonnes of green hydrogen per year and by 2050, 10 million tonnes per year.
The target is for the West African region to be able to produce by 2030, 0.5 million tonnes of green hydrogen per year and by 2050, 10 million tonnes per year.
The International Hydropower Association had noted that while Nigeria’s total installed capacity is 12,522 MW, not including off-grid generation, of which 2,062 MW is hydropower, the total exploitable potential of hydropower is estimated at over 14,120 MW, amounting to more than 50,800GWh of electricity yearly.
The day-ahead energy market is a system that allows transactions for the buying and selling of electrical power one day prior to the delivery day.
The company is now focusing on the highly strategic Nigerian market. The ambition is to deploy multiple pilot projects and energize more than 30 000+ households in Nigeria in the next 2 to three years.