DEME-led consortium submits feasibility study for green hydrogen production project in Egypt
The Belgium consortium of infrastructure players DEME, Fluxys, and the company running the Port of Antwerp along with consultancy firm Roland Berger have submitted on Wednesday the feasibility study of Egypt’s green hydrogen production project.
The study has been submitted during a meeting attended by Egyptian Minister of Electricity Mohamed Shaker and Minister of Oil Tarek el-Molla as well as other ministerial senior officials.
In February, Egyptian President Abdel Fattah al-Sisi and three CEOs of the Belgium consortium met to look into producing the green hydrogen gas on a trial basis as a step toward expanding in this field and possibly exporting.
Later on March 4, Egypt’s state-run Egyptian Electricity Holding Company (EEHC) signed a cooperation agreement with DEME Group to start producing green hydrogen ahead of exporting it to Europe.
The North African country aims to expand in the areas of clean and green energy, and increase the share of renewable energy in the electric energy mix.
DEME’s chairman Alain Bernard said in earlier statement the company had chosen Egypt to launch the green hydrogen project given its distinguished location and its enjoyment of renewable energy sources, especially solar and wind energy. This in addition to the availability of qualified onshore and marine infrastructure and skilled manpower in Egypt, Bernard added.
Green hydrogen is a zero-carbon fuel made by electrolysis by using renewable power from wind and solar to split water into hydrogen and oxygen without burning fossils. Egypt is probing green hydrogen as a cleaner energy source to integrate into its energy mix by 2035.