Tunisia is able to export 6 million tons of green hydrogen to Europe by 2050, said Director General of the Electricity and Energy Transition at the Ministry of Industry, Mines and Energy Belhassen Chiboub.
This quantity would represent Tunisia’s share in Europe’s planned imports from the region (Tunisia, Algeria and Libya), a total of 11 million tons of green hydrogen, the official said as he referred to figures released by the European Hydrogen Backbone initiative – a group of European energy infrastructure operators with a vision for a dedicated hydrogen transport infrastructure across Europe, Zawya reported.
Tunisia has the assets to produce green hydrogen at competitive costs in the short and medium run and become Europe’s supplier.
The country has “excellent” and “complementary” renewable energies, including solar and wind power. It is also located near Europe where demand is high, Chiboub highlighted.
“Tunisia is planning to set up a network to transport green hydrogen from Gabes and Tataouine to the Cap-Bon region,” Chiboub said, in such a way as to contribute to exporting green hydrogen to Europe.
Investment costs, meanwhile, require high capital requirements. The production of 1 million tons of green hydrogen requires $25 billion in investments. Consequently, Tunisia alone cannot bear these costs.
Source: financialtribune
