Sasol is a Diamond Sponsor of Africa Energy Week.
Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate sophisticated technilogies and processes into world-scale operating facilities.
We strive to safely and sustainable source, produce and market a range of high-quality producs globally.
Our purpose:
Innovating for a better world.
Future Sasol:
We are resetting, transitioning and reinventing Sasol to decarbonise and commit to achieving our Net Zero ambitions by 2050.
Our ambition:
Grow shared value while accelerating our transition to Net Zero.
Our sustandability Statement:
Advancing chemical and energy solutions that contribute to a thriving planet, society and enterprise.
General Introduction: Sasol is decarbonising with urgency
Climate change is one of the biggest challenges of our time and the world is in a race against the clock, to reach global net zero by the second half of the century. The COP26 climate summit in Glasgow, Scotland, again reiterated the urgency that the world must transition to a low-carbon energy mix. Under the Board’s guidance, Sasol is rising to this critical challenge and is playing an active role in helping to address climate change.
Our Future Sasol strategy has confirmed medium- and long-term targets, and defined plans to accelerate the decarbonisation of our business. Our focus is to continue progressing the shift to incremental natural gas as a transition feedstock for our Southern African value chain, as well as advancing renewable energy, energy efficiency, sustainable aviation fuel and green hydrogen opportunities.
The pace and urgency with which our people are driving our decarbonisation agenda is most encouraging and, along with our strengthened financial position, bodes well for meeting our 30% greenhouse gas (GHG) reduction target by 2030 and realising our 2050 Net Zero ambition.
Towards a Green Hydrogen Ecosystem for South Africa
Sasol is shaping the development of South Africa’s green hydrogen ecosystem. Our decarbonisation initiatives are positioning us to deliver sustainable value into the future. We are undertaking renewables at scale while growing new value pools such as green hydrogen, ensuring competitive and sustainable returns.
Our focus is to continue progressing the shift to incremental natural gas as a transition feedstock for our Southern African value chain, as well as advancing renewable energy, energy efficiency, Sustainable Aviation Fuel and green hydrogen opportunities.
In our pursuit in our ambition to be Net Zero by 2050 we need to secure substantial amounts of renewable energy. By 2030, we plan to procure 1 200 MW. As a start, we are procuring 600 MW jointly with Air Liquide. The projects to supply the first 150-300 MW of wind and solar energy are on track to deliver electrons for 2025 or earlier. Renewable energy is also being procured for green hydrogen production at our Sasolburg site. We expect to conclude negotiations for these renewable energy power purchase agreements soon.
Looking at other low-carbon enablers, green hydrogen remains a key focus. In Sasolburg, the final investment decision for our green hydrogen project was taken swiftly with the aim of producing the first green hydrogen volumes by end-2023.
We are also playing a leading role in coastal green ammonia export through the Boegoebaai study. We have signed a Memorandum of Agreement with the Northern Cape Development Agency, to lead the pre-feasibility study, already underway, to explore the potential of Boegoebaai as an export hub for green hydrogen via an ammonia carrier.
How Sasol has responded to decarbonisation and adaptation:
- Started pursuing demonstration opportunities and partnerships as well as exploring repurposing assets to unlock green hydrogen opportunities. This includes work on Eco mobility, the HyShiFT Consortium on cleaner aviation fuels and our partnership with the Industrial Development Corporation to develop South Africa’s hydrogen economy.
- Established Sasol ecoFT to provide Sustainable Aviation Fuels (SAF) and related sustainable chemicals solutions. Concluded four Memorandums of Understanding to advance feasibility studies relating to SAF production opportunities in Sweden and Germany. Engaging potential ecosystem partners to pursue competitive SAF opportunities using Sasol’s FT technology across the globe.
- Signed agreements with Northern Cape Development Agency to lead the pre-feasibility study to explore the potential of Boegoebaai as an export hub for green hydrogen via ammonia as a carrier.
- Signed agreements with Gauteng provincial government to leverage special economic zones to unlock green hydrogen market potential.
- With gas a crucial transitionary energy source to lower Sasol’s emissions, we prioritised sourcing LNG. Partnered with CEF and Empresa Nacional de Hidrocarbonetos (ENH) to explore, optimise gas supply and pool demand to lower the cost of gas into the region.
- Approved the first commercial-scale green hydrogen project at Sasolburg complex. Facility will produce 3,5 tons of green hydrogen a day from existing electrolysers by end 2023.
We are shaping the development of South Africa’s green hydrogen ecosystem, which includes applications in fuel cell hydrogen mobility, reigniting the steel industry and creating a global sustainable aviation hub at OR Tambo International Airport. The re-purposing of existing assets presents opportunities to fulfil the growing demand for sustainable products.
