Egypt's green hydrogen ambitions

Egypt is advancing its green hydrogen strategy through a collaborative project with Euroclear and Deme Hyport Energy, an initiative valued at €24 billion. This ambitious venture is set to produce green hydrogen and ammonia, positioning Egypt as a sustainable energy leader and a key supplier to the global market. Not only does this align with Egypt’s sustainability goals, but it also supports economic reform by attracting significant foreign investment and promoting renewable energy development, bolstering Egypt’s economic diversification efforts.

The project will occur in phases and is expected to generate numerous employment opportunities, contributing to Egypt's green economy vision. By investing in green hydrogen, Egypt aims to reduce its carbon footprint and boost its export capacity, securing a pivotal role in the global transition to renewable energy sources. This strategy reflects a growing commitment to sustainable development, helping Egypt reduce reliance on traditional fossil fuels and establish a green energy hub for the region and beyond.