Europe’s Hydrogen Rush Threatens to Starve Africa of Solar and Wind Investment – African Peace Magazine

Europe’s Hydrogen Rush Threatens to Starve Africa of Solar and Wind Investment

Europe’s aggressive push into hydrogen energy is raising concerns that the continent’s appetite for renewable power could pull solar and wind investment away from Africa. As the European Union works to become a leading hydrogen producer, analysts warn that European companies chasing African solar and wind resources for their own hydrogen ambitions could leave local energy needs behind.

Global Energy Monitor says a more balanced approach is needed — one that channels greater investment into African renewable projects and strengthens local energy infrastructure and expertise, so that the benefits of the global energy transition are shared rather than concentrated in Europe.

Source: globalenergymonitor.org