- Egypt and Bavaria sign an agreement to boost cooperation in hydrogen trade and green hydrogen production.
- Both sides will establish a working group to develop plans, conduct dialogues, and engage stakeholders.
- Egypt aims to capture 5-8% of the global hydrogen market by 2040, advancing its clean energy strategy.
Egypt’s Ministry of Electricity and Renewable Energy signed a joint declaration with Bavaria, Germany, to enhance cooperation in the hydrogen sector. This agreement explores hydrogen trade opportunities, increases production, and expands supply routes.
Minister Mahmoud Esmat highlighted that the deal includes advancements in technology, market development, and research on hydrogen production. A key priority is using renewable energy to produce green hydrogen, aligning with Egypt’s broader strategy for low-carbon energy.
Egypt’s Prime Minister, Mostafa Madbouly, and Bavaria’s State Prime Minister, Markus Söder, attended the signing ceremony. Both leaders hailed the partnership as significant in Egypt’s national plan to boost hydrogen production.
The collaboration aims to strengthen ties between Egypt and Bavaria, facilitating knowledge exchange through chambers of commerce and business organisations. It will also drive research and development in hydrogen, capitalising on Egypt’s renewable energy resources.
To execute the agreement, Egypt and Bavaria will form a working group to develop plans, conduct dialogues, and engage stakeholders. The Office of Bavaria at the German-Arab Chamber of Industry and Commerce in Cairo will coordinate this group’s efforts.
Minister Esmat said Egypt aims to secure 5-8% of the global hydrogen market by 2040. This bold move positions the country as a leader in renewable energy and strengthens its role in the worldwide hydrogen trade.
Hydrogen, mainly green hydrogen, offers excellent potential as a future energy source. Egypt plans to leverage its renewable resources to produce green hydrogen on a large scale, addressing domestic and international energy needs.
Bavaria, Germany’s largest state by area, seeks to expand its hydrogen capabilities through this partnership. Both regions see this collaboration as a chance to strengthen the innovation of the hydrogen supply chain and fuel sector.
This agreement supports Egypt’s efforts to transition to clean energy and reduce its carbon footprint. Egypt has already made significant progress in solar and wind power and now views hydrogen as the next stage in its energy transformation.
Egypt aims to become a hub for clean energy in the Middle East and Africa by focusing on green hydrogen. The partnership with Bavaria opens new markets and creates economic opportunities, including job creation and increased investment in the hydrogen sector.
Both Egypt and Bavaria envision this partnership as a long-term project. The working group will set priorities, coordinate activities, and ensure the successful execution of hydrogen projects, creating mutual benefits.
Egypt’s hydrogen strategy reflects its commitment to sustainable development. The country aims to reduce greenhouse gas emissions and increase the share of renewable energy in its national grid.
With international partnerships like this with Bavaria, Egypt moves closer to becoming a significant player in the global hydrogen market, contributing to a cleaner, more sustainable energy future.