Prime Minister Moustafa Madbouly has assigned both ministries of petroleum and electricity to draft a detailed national strategy for green hydrogen which would become the basis for negotiation with international companies in this field, according to a press release.
This came during a meeting with Minister of Petroleum and Mineral Resources, Tarek El Molla, and Minister of Electricity and Renewable Energy, Mohamed Shaker. The meeting highlighted the importance of the green hydrogen approach as it aligns with the state’s plans to expand the use of clean and renewable energy. Accordingly, this will result in saving fuel, reducing emissions, preserving the environment, and providing other clean energy sources.
During the meeting, the national scientific research was mentioned as a mechanism that should be put in motion to study the feasibility of localizing industries related to green hydrogen fuel in Egypt.
Per the statement, Egypt has several promising opportunities to export hydrogen from the Middle East and North Africa (MENA) region, given its geographical location as well as promising opportunities to join the green hydrogen production market.
This approach is expected to enhance Egypt’s position on the global renewable energy map as well as its role to become a regional energy hub in the East Mediterranean.