Cairo shows the world its hydrogen ambitions
Egypt used its role as Cop27 host to showcase its ambitions to become a leading supplier and to court green hydrogen investment
Hosting Cop27 at a time when clean energy development is becoming central to its domestic economic strategy was a stroke of good fortune for Egypt. And it exploited the opportunity to the full. The government firmed up eight provisional deals with foreign investors to develop green hydrogen production facilities and set out a strategy to become a leading supplier of the energy carrier. The broad contours of Cairo’s green hydrogen strategy have been gradually emerging over the past two years. The North African country boasts bountiful resources of sun, wind and spare land, and a massive carbon-intensive fertiliser industry requiring abatement. It also has proximity to a European continent des
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
15 November 2024
Danish electrolyser firm stays focused on US expansion plans amid policy uncertainty in wake of Republican election victory