Headline:

Abundant energy resources in many parts of Africa position the continent as a potential location for the production and export of climate-friendly hydrogen, either based on renewable electricity (green hydrogen) or natural gas in combination with carbon capture and storage technologies (blue hydrogen). Green hydrogen is produced via electrolysis by splitting water molecules into their component parts using renewable electricity, while blue hydrogen is produced by splitting natural gas into hydrogen and CO2 – after which the CO2 needs to be captured and stored.

Nigeria has one of the lowest net electricity generation per capita rates in the world with an estimated national electrification rate of 55% and rural electrification rate of only 39%. To achieve universal access to electricity by 2030, Nigeria will need to connect between 500,000 to 800,000 households per year, especially focused on the rural areas.

The Nigerian government and German energy company Siemens AG signed the Nigerian Electrification Roadmap (NER) partnership, also known as the Presidential Power Initiative (PPI) in 2019. The Roadmap contains technical and commercial proposals for financing, implementing, and executing projects to revive the Nigerian power sector and manage Nigeria’s future electricity requirements.