Egypt's Ambitious Plan for Green Hydrogen Production by 2030
Key Ideas
  • Egypt aims to become a global center for green hydrogen production by 2030, targeting 3.2 million tons annually by then and 9.2 million tons by 2040.
  • The government's three-year program (2024-2027) focuses on expanding the contribution of the green economy to GDP, with a specific emphasis on increasing green investments.
  • Egypt plans to establish green hydrogen and ammonia plants in the Suez Canal Economic Zone through partnerships with multiple countries to reduce greenhouse gas emissions significantly.
  • The use of green hydrogen and ammonia will be expanded in various industrial applications like iron, steel, fertilizers, and chemicals.
The government of Dr. Mostafa Madbouly in Egypt has set a target for the country to become a global hub for green hydrogen production by 2030. The plan includes producing 3.2 million tons annually under the green scenario, with a subsequent increase to 9.2 million tons by 2040. This initiative is part of a broader three-year government program spanning from 2024 to 2027 aimed at boosting the green economy's contribution to the GDP. The Cabinet Spokesman, Mohamed el-Homsani, mentioned that Egypt is looking to achieve a 40 percent rise in green investments in 2024 and a 50 percent increase in 2025, with a strategic focus on integrating these investments into the national development plan. To achieve these goals, Egypt intends to establish green hydrogen and ammonia plants in the Suez Canal Economic Zone through collaborations with various nations. The ultimate objective is to enhance the application of green hydrogen and ammonia in different industrial sectors such as iron, steel, fertilizers, and chemicals to significantly reduce greenhouse gas emissions.
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