Sasol Integrated Report 2024 - Book - Page 64
INTRODUCTION
ABOUT SASOL
STRATEGIC OVERVIEW
BUSINESSES
ESG
REMUNERATION REPORT
SASOL ENERGY BUSINESS continued
MINING, GAS, OPERATIONS AND FUELS
DATA AND ASSURANCE / ADMINISTRATION
SAFELY DELIVERING TODAY, SHAPING TOMORROW
continued
RENEWABLE ENERGY
GREEN HYDROGEN
Renewable energy is key to reducing our
greenhouse gas (GHG) emissions and
moving towards more sustainable
products. We are one of the largest private
procurers of renewable energy in South
Africa and have made good progress on
our plans to procure up to 1 200 MW by
2030. To date, we have signed 757 MW of
PPAs, of which 688 MW has been
jointly procured with Air Liquide.
The 69 MW Msenge onshore wind project
is expected to start commercial operation
in October 2024.
Courtesy: African Clean Energy Developments (Pty) Ltd (ACED)
The Damlaagte 97,5 MW solar project reached financial close in November 2023 and the Impofu
cluster, consisting of three onshore wind projects totalling 330 MW of wind renewable energy,
reached financial close in February 2024.
LOW AND SUSTAINABLE CARBON FEEDSTOCK
Our proprietary Fischer-Tropsch technology enables our assets to be feedstock-agnostic,
facilitating a transition away from fossil sources and towards feedstocks such as sustainable
carbon and green hydrogen. Bio-feedstocks can play a pivotal role in transforming and
making our existing assets more sustainable and produce low-carbon products such as
renewable diesel and bio-sustainable aviation fuel.
Sustainable feedstock in the
region is scarce, exacerbated by
constraints linked to affordability
and logistics. To address this,
we are working to develop optimal
supply chains to secure sustainable
feedstock such as invasive alien
species, agricultural residues and
used cooking oils. As we explore
these bio-based feedstocks, we
are prioritising the sustainability
of the value chain by evaluating
impacts on land use, water
availability, feed production,
and sensitive environments.
Sasolburg
We produced the first green hydrogen from our Sasolburg assets in June 2023 by converting an
existing chlor-alkali electrolyser, powering it with our own-built solar PV plant on site. We will be
able to increase the volume of green hydrogen available for sale to 3,5 tons per day once the
Msenge wind farm reaches commercial operation in October 2024.
In addition, we are developing several proof-of-concept demonstrations which will support further
growth of the green hydrogen industry.
Boegoebaai
During 2023, Sasol completed the prefeasibility study into the Boegoebaai green hydrogen/
ammonia export opportunity. The study confirmed the potential for the project to be technically
and economically viable, with successful partnering a key enabler. During 2024, Sasol appointed
Mizuho International plc to support our search for partners with whom to co-invest and carry
out further studies into this opportunity. The Northern Cape Namakwa Special Economic Zone
(SEZ) designation was gazetted on 21 May 2024. The SEZ licence will be leveraged strategically
to facilitate the application process for the Boegoebaai SEZ and represents a vital step towards
enabling the Green Economy transformation within the Northern Cape.
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