logoBC
Yaoundé - 15 August 2022 -
Energy

Cameroon eyes local green hydrogen production

Cameroon eyes local green hydrogen production
  • Comments   -   Thursday, 17 June 2021 16:51

(Business in Cameroon) - On June 11, 2021, Minister of Economy Alamine Ousmane Mey and executives of the Australian firm Fortescue Future Industries Ltd signed a framework agreement for technical studies of the project aimed at producing green hydrogen in Cameroon.

This hydrogen produced from renewable electricity using a water electrolysis process is still unknown in Cameroon. According to French energy company ENGIE, it can be compressed and stored for later use or even be reused as electricity thanks to a fuel cell. The energy company explains that using green hydrogen as electricity is more climate-friendly and economic. For instance, it illustrates, electronic cars using greens hydrogen do not emit greenhouse gas and also, can go as far as 600 kilometers without charge against 150 kilometers for normal electronic cars.

Experts believe that this type of energy is very affordable and allows savings and controls over energy costs. Overall, the green hydrogen production project could accelerate the tramway lines construction project announced by Cameroon announced years ago. Indeed, this project was slowed down by instability in the country’s electricity network. But green gas, being what ENGIE calls a “bridge between electricity, gas and transport networks,” could help address the instability problem affecting the tramway project.

BRM

euro-dollar-fluctuation-raised-cameroon-s-debt-by-cfa420bn-in-one-year
Recent fluctuations between the euro and the U.S. dollar have increased Cameroon's debt by CFA420 billion (+11.2%) between June 2021 and June 2022. Data...
e-guinean-bange-bank-to-get-listed-on-the-bvmac-first-bank-to-join
Guinean Bange Bank is preparing its listing on the regional stock exchange Bvmac. Louis Banga, MD of the stock market, met on August 9 in this regard with...
cameroon-beac-forecasts-brewing-profit-to-fall-in-q3-2022
The Bank of Central African States Beac forecasts the brewing industry in Cameroon to experience a sharp decline in Q3 2022. In its bulletin, the...
cameroon-fuel-subsidies-could-finally-exceed-cfa780-billion-in-2022
The Cameroonian government announced it will approve CFA780 billion in fuel subsidy to keep pump prices unchanged in this harsh period marked by rising...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »