Egypt seeks to collaborate with international companies for the production of green hydrogen

0

The country intends to work with companies as a step towards the implementation of experimental projects.

Egypt’s Minister of Electricity, Mohamed Shaker, recently announced that the country is collaborating with international companies to research and implement green hydrogen production projects.

The country is looking to move forward in its progress in manufacturing renewable H2 and potentially exporting it.

Shaker explained that working with companies from other countries represents a first step in Egypt’s efforts to move forward with its plans to produce green hydrogen and potentially export renewable energy. The country’s electricity and renewable energy sector is open to cooperation with all parties in pursuit of this goal.

The announcement was made during a meeting with officials from the American Chamber of Commerce (AmCham) in Egypt, as well as a delegation of business representatives. Also present at the meeting were representatives of a large number of US companies with operations in Egypt.

The meeting on green hydrogen production was held with the aim of discovering what the Egyptian electricity sector should do to move forward in the use of sustainable resources for the reduction of emissions, as indicated as part of the preparation for the 2022 Climate Change Conference (COP27) which will take place in November in Sharm El Sheikh.

The meeting discussed the production of green hydrogen while strengthening the country’s renewable energy sector.

Shaker pointed out that renewable H2 is being spotlighted as a promising energy of the future, pointing out that an Egyptian ministerial committee is already pursuing a better understanding of this energy source at the national level. At the same time, it also looks at valuable international experiences for additional guidance.

Earlier this month, Egypt signed a memorandum of understanding (MoU) with Total Energies for the production of 300,000 tons of green ammonia per year, from renewable energy in the Sokhna region. The signing took place between the Egyptian General Authority of the Suez Canal Economic Zone (SCZone), the Egyptian Electricity Transmission (EETC), the Egyptian Sovereign Wealth Fund, the New and Renewable Energy Authority (NREA), the alliance of French companies “Total”, and Enara Capital, an Egyptian company.

Share.

Comments are closed.