Global Collaboration on Green Hydrogen Key to Just Energy Transition, EU Official Emphasizes

In a recent Hydrogen Economy Discussion, stakeholders underscored the significance…

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In a recent Hydrogen Economy Discussion, stakeholders underscored the significance of local and international collaboration initiatives in advancing the green hydrogen agenda amid a global push for a just energy transition. Deputy Ambassador Fulgencio Garrido Ruiz, representing the Delegation of the European Union (EU) to South Africa, highlighted the EU’s commitment to fostering partnerships to secure a sustainable supply of green hydrogen and promote economic growth.

EU’s New Growth and Investment Model:

Ruiz outlined the EU’s new growth and investment model for 2030, emphasizing its focus on building a robust economic base, reducing energy dependencies, and diversifying value chains. With projections indicating that up to 50% of the European hydrogen demand will be met through imports, Ruiz stressed the importance of international partnerships in ensuring a secure supply of green hydrogen.

Importance of International Partnerships:

To meet the demand for green hydrogen and support global energy transitions, Ruiz emphasized the EU’s efforts to establish partnerships worldwide, including with South Africa. These collaborations aim to advance green energy transitions while contributing to the industrial strategies of partner countries. By investing in local economies and facilitating value chain development, the EU seeks to enhance the competitiveness and sustainability of partner nations.

Value Addition and Economic Growth:

Ruiz reiterated the EU’s commitment to adding value to local economies through investments in green hydrogen projects. By assisting partner countries in moving up the value chain, the EU aims to foster economic growth and promote sustainable development. These initiatives align with the broader goal of driving a just energy transition that prioritizes environmental sustainability and economic prosperity.

The Hydrogen Economy Discussion highlighted the importance of global collaboration in advancing the green hydrogen agenda and achieving a just energy transition. Deputy Ambassador Ruiz’s remarks underscored the EU’s commitment to building international partnerships to secure a sustainable supply of green hydrogen and promote economic growth. As nations strive to reduce carbon emissions and transition towards renewable energy sources, cooperation and partnership will be critical in realizing a more sustainable and equitable future.

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