CAIRO – May 15, 2022: Egypt is cooperating with international companies to start studying the implementation of experimental green hydrogen production projects, Electricity Minister Mohamed Shaker said on Monday.
This represents a first step towards achieving further progress in this field and the possibility of exporting green hydrogen from Egypt, Shaker said, affirming that the electricity and renewable energy sector is willing to cooperate. with all parties in this regard.
This happened during a meeting with officials from the American Chamber of Commerce in Egypt (AmCham) and a delegation of businessmen. The meeting was also attended by representatives of many US companies operating in Egypt.
The meeting aimed to learn about the measures taken by the Egyptian electricity sector in the field of emission reduction in the framework of the preparation of the Climate Change Conference 2022 (COP27) scheduled for November in Sharm El-Sheikh.
The meeting discussed ways to support and strengthen cooperation with the Egyptian electricity and renewable energy sector, as well as increase investment opportunities in Egypt.
Shaker pointed out that green hydrogen is receiving great attention as a promising energy source in the near future, noting that an Egyptian ministerial committee is currently working at the national level in this regard, while taking into account relevant international experiences.
Egypt on Wednesday signed a memorandum of understanding (MoU) with Total Energies to produce 300,000 tonnes of green ammonia annually from clean energy in the Sokhna region, the Egyptian cabinet said in a statement.
The MoU was signed between the Egyptian General Authority for the Suez Canal Economic Zone (SCZone), Egyptian Sovereign Wealth Fund, Egyptian Electricity Transmission (EETC), New and Renewable Energy Authority (NREA ), the Egyptian company Enara Capital and the alliance of French “Total” companies.
Green ammonia is a 100% renewable and carbon-free ammonia that is produced by green hydrogen, which is obtained by “using hydrogen from the electrolysis of water and nitrogen separated from the ‘air”.
The signing took place in the presence of Prime Minister Moustafa Mabouli, Minister of Electricity and Renewable Energy Mohamed Shaker and Minister of Planning and Economic Development Hala al-Saeed.
“The Egyptian state is working diligently to support the transition to a green economy based on clean energy, granting facilities and incentives to attract green investments, taking advantage of green financing opportunities and signing more protocols for agreement for projects that support this transformation. This comes in application of the directives of President Abdel-Fattah El-Sissi,” Mabouli said.
“The project in Sokhna aims to produce 300,000 tonnes of green ammonia per year in a first phase, to then increase productivity to 1.5 million tonnes per year, provided that it is supplied with green hydrogen which will be produced from clean, renewable energy sources,” said SCZone President Yahia Zaki.