- Ambassador for South Korea, Kim, praised Egypt’s efforts to lead in renewable energy and green hydrogen during a meeting with Minister of Electricity Mahmoud Essmat, highlighting ongoing collaborations and potential expansion into new energy technologies.
- Both officials emphasized the significance of the El Dabaa nuclear power project and the importance of strengthening their partnership in renewable energy initiatives.
In a recent meeting, South Korean Ambassador Kim Yonghyon commended the Egyptian government’s ambitions to become a global leader in renewable energy and green hydrogen. This discussion with Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Essmat, focused on enhancing collaboration in the electricity and renewable energy sectors.
Ambassador Kim praised the Ministry’s critical role in Egypt’s economic growth and public welfare through effective energy policies and a reliable power supply. He highlighted the ongoing successful partnerships in nuclear power and renewable energy initiatives. He expressed a strong interest in expanding these efforts to include energy storage systems (ESS), smart grids, and energy efficiency projects.
A key point of emphasis was the El Dabaa nuclear power project, which Ambassador Kim described as vital for Egypt’s energy diversification strategy and climate change mitigation efforts. He recognised the productive partnership between the involved Korean company and the Egyptian Ministry.
In the realm of green energy, Ambassador Kim acknowledged Egypt’s significant progress toward becoming a leader in renewable energy and green hydrogen. He noted the advanced technology and expertise of Korean companies in these sectors. He mentioned various development projects in Ain Sokhna, including renewable energy, green hydrogen, and green ammonia initiatives.
Confident in the future of their green energy collaboration, Ambassador Kim indicated that energy remains a top priority for the South Korean government’s development cooperation, suggesting the exploration of projects funded by Korea’s Economic Development Cooperation Fund (EDCF).
Minister Essmat echoed the sentiment, identifying South Korea as a crucial partner in the energy sector. He praised South Korea’s technological innovations and expressed optimism for future collaboration, particularly in renewable energy and green hydrogen. He stressed the importance of successfully implementing current projects and further strengthening the energy partnership between the two nations.