Egypt has strategy to generate green hydrogen, renewable energy winning horse for Africa: Vice-President of European Commission – Egypt Today

  • Date: 16-Nov-2022
  • Source: Egypt Today
  • Sector:Oil & Gas
  • Country:Egypt
  • Who else needs to know?

Egypt has strategy to generate green hydrogen, renewable energy winning horse for Africa: Vice-President of European Commission – Egypt Today

CAIRO - 15 November 2022: Egypt has a clear strategy for generating green hydrogen and expanding renewable energy, Vice President of the European Commission, Frans Timmermans, said.

Timmermans added that renewable energy from its various sources will be the winning horse for Africa over the coming period.

“The expansion of green hydrogen generation represents a sustainable energy-saving solution and a strong opportunity for developing and continental African countries in particular to enter into competition for energy markets and generate huge returns,” according to Timmermans.

For her part, Amani AbuZaid, Commissioner for Infrastructure and Digitization of the African Union, said that Egypt is organizing an exceptional and very different version of the COP27 climate conference, praising Egypt's efforts in Egypt to host and organize the conference at the highest level.

This came in the round table organized by the International Renewable Energy Agency in cooperation with the European Union Held at COP27 Climate Conference, Sharm el-Sheikh City.

Minister of International Cooperation, Rania Al-Mashat, who participated in the round table said that since 2014, Egypt has initiated plans and structural reforms to expand renewable energy, stimulate private sector investment and increase its contribution to solar and wind energy generation efforts, which has helped the state much in