Egypt launched its National Low-Carbon Hydrogen Strategy in August 2024, aiming to capture 5-8% of the global tradeable hydrogen market by 2040 and contribute $18 billion to its GDP. The strategy involves a phased approach with significant investments, targeting the production of 3.8-5.6 million tons of hydrogen annually by 2040 and creating over 100,000 new job opportunities through green hydrogen development.
Egypt's National Low Carbon Hydrogen Strategy
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About this policy
Year
2024
Most recent update
09/01/2024
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Mitigation
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Industry
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Just transition
Renewable energy
Fossil fuel
Greenhouse gas
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