Prime Minister Mostafa Madbouly witnessed ceremony of green hydrogen agreement signed between the Egyptian Electricity Holding Company, chaired by Gaber Desouky, and the Belgian DEME Group, chaired by Alain Bernard, a relevant press statement reported.
The signature ceremony was witnessed by Minister of Electricity and Renewable Resources, Mohamed Shaker, Minister of Petroleum and Mineral Resources, Tarek El Molla, Commander of Navy Forces, Ahmed Khaled, and Francois D’Elzius, Belgium Ambassador to Egypt.
Commenting on the agreement, Madbouly asserted that this agreement came in the frame work of the Egyptian strategy to expand the fields of clean and green energy and to increase the contribution of the renewable energy in the electric power.
Meanwhile, electricity minister noted that both parties of the agreement will start studying the implementation process of a trial project for green hydrogen production in Egypt in line with the European Union (EU) strategy for carbon dioxide emission reduction between 2035-2050.
He also elaborated that Egypt will establish a national ministerial committee to study the hydrogen as a source of energy in the near future and to search for possible alternatives for hydrogen production.
For his part, DEME Group chairman, stated that this project came as a part of Belgium pledges to implement the “Green Agreement” and it selected Egypt to establish its project due to its significant location where renewable resources especially solar and wind energy are available.
According to the statement issued on the agreement event, Egypt won’t only produce green hydrogen but will also export it.