A consortium of Belgian companies and the management consulting company, Roland Berger, submitted to the Egyptian government a feasibility study report on producing green hydrogen in Egypt and exporting it to Europe, according to a Cabinet statement.
The report is a part of the agreement signed between the Egyptian Electricity Holding Company (EEHC), the Egyptian Natural Gas Holding Company (EGAS), Abu Qir Company, and the Belgian consortium; DEME; Fluxys; and Port of Antwerp. Together, they plan to develop an integrated project for the production and processing of green hydrogen trading.
The project aligns with the state’s interest in expanding its renewable and clean energy projects as part of Egypt Vision 2030. As green hydrogen gains wider interest from national and international entities, it is expected to transform the global energy system in a short time and accelerate the energy transition process, the statement cited.