The German network Deutsche Welle highlighted the Egyptian government’s announcement of an ambitious strategy for green hydrogen.
The strategy will present a new energy vision for green hydrogen at the upcoming climate conference COP27 in Sharm el-Sheikh in November, it added.
Egypt’s diversified approach could enhance Egypt’s geopolitical position and witness commercial success.
The network emphasized that Egypt has many components necessary to become a renewable energy power, such as a large internal market, an abundance of sun and a lot of wind in the Gulf of Suez.
“Moving forward with the [Egyptian] sovereign wealth fund, prioritizing the desalination to get the water for the green hydrogen and promoting special economic zones have been all important steps,” the managing director for the southern and eastern Mediterranean region at the European Bank for Reconstruction and Development, Heike Harmgart, told DW.
Experts predict that at least a dozen memorandum of understanding have already been signed with international companies to move forward on framework agreements during the upcoming COP27 climate conference scheduled for November 6-18 in Sharm el-Sheikh.
This is also when the Egyptian government will launch its green hydrogen strategy, said Harmgart.
Cairo-based energy consultant Ali Habib underlines the government’s green power plans. “We allocated huge lands along the Nile, bigger than Singapore, for wind and PV [photovoltaics]. There will be dedicated power lines to transfer this green electricity to the hydrogen project in the Ain Sokhna port,” Habib told DW.
