A leaked version of the ‘Framework Agreement for a Social Compact on Supporting Eskom for Inclusive Economic Growth’, agreed to at Nedlac, dated 15 September, lists, as one of the sub-aims, the desire to expand the production of electric vehicles and the stimulation...
Significant growth in fuel cells and hydrogen is now almost certain and the prize for South Africa remains potentially large. That is the view of E4tech director Professor Dr David Hart of Switzerland, expressed in an address to a fuel cell webinar hosted by Nedbank CIB on Tuesday.
The energy systems of the world are going ‘green’ in a process that is fast becoming irreversible, says Isondo Precious Metals CEO Vinay Somera, who adds that hydrogen is emerging as the main storage medium for energy generated from the sun, wind and other renewable sources.
South Africa is being urged to seize the massive opportunity that the new fuel cell and hydrogen economy present at a time of slumped local wealth creation and horrific job starvation.