The HSRM will contribute to the goal of just and inclusive net-zero carbon economic growth for societal wellbeing by 2050 through supporting interlinked objectives.
These include supporting the just labour transition through: • Providing new, high-quality green jobs in the generation and storage of hydrogen; • Manufacturing hydrogen-related products such as fuel cells and electrolysers; • The beneficiation of minerals through the supply of value-added components in the hydrogen value chain; • The export of green hydrogen; and • Creating jobs in the local manufacture of hydrogen-related products and construction of infrastructure, and preserving them in the transport and industry sectors. Other objectives of the HSRM include: • Reducing GHG emissions by replacing fossil fuels in energy-intensive industry, road and rail transport, and shipping and aviation; • Enabling the greening of the power sector by providing RE storage to the grid, and reliable zero-carbon electric and thermal energy for offgrid applications; and • Enabling energy security by providing zero-carbon solutions to the national electrification plan, and back-up energy to the electricity grid for critical applications.
Developing domestic manufacturing of hydrogen products and components, along with the greening of the economy and growing hydrogen exports, will encourage inward investment.
Together with reduced oil imports, these changes will also support improvements in the balance of payments. Realising these objectives will improve South Africa’s access to clean energy and reduce inequality and poverty
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