Egypt has recently announced a partnership with the European
Bank for Reconstruction and Development (EBRD) for the development
of a hydrogen strategy as part of the government's ambitious
energy transition plans. It was reported that Egypt would allocate
$40 billion to fund the implementation of the strategy, with the
aim of achieving a production capacity of 1.4GW by 2030. This could
be used to meet local demand and for exports to Europe, which
envisages 40GW of imports from neighbouring countries (including
North African countries) by 2030.
The EBRD will assist Egypt with the development of a framework
for establishing a green hydrogen industry, including:
- mapping international supply and demand;
