The Egyptian government has announced the launch of its National Strategy for Low-Carbon Hydrogen, according to a statement on 15 August.
Prime Minister Mostafa Madbouly highlighted that the strategy is a key part of Egypt’s efforts to reduce carbon emissions and diversify its clean and sustainable energy sources in line with its international commitments.
The strategy also aims to strengthen collaboration with global partners and financial institutions to support research, development, and investment in the hydrogen sector, as noted by Cabinet Spokesperson Mohamed El-Homosany. Additionally, the strategy is focused on improving the economic efficiency of utilizing domestic resources.
El-Homosany further stated that the National Green Hydrogen Council will oversee the implementation of the strategy on an annual basis.
The strategy is expected to significantly boost Egypt’s gross domestic product (GDP), potentially reaching up to US$18bn by 2040, and create over 100,000 job opportunities this year. It is also anticipated to enhance Egypt’s energy security, reduce carbon dioxide emissions, and promote the transition to a green economy.
Egypt develops its hydrogen strategy
The National Green Hydrogen Council will oversee the implementation of the strategy on an annual basis. (Image source: Adobe Stock)
