Egypt's Ambitious Push into the Green Hydrogen Market
Cairo, Tuesday, 2 December 2025.
Egypt seeks to capture 8% of the global hydrogen market by launching enticing incentives for green hydrogen investments. This move positions Egypt as a leader in sustainable energy.
Egypt’s Strategic Hydrogen Ambitions
Egypt is setting its sights on capturing 8% of the global hydrogen market, a bold move underscored by the introduction of significant incentive packages to lure investments into the green hydrogen sector. Minister of Petroleum and Mineral Resources, Karim Badawi, announced this strategic initiative during the 4th Oman Green Hydrogen Summit. The plan is to achieve an annual production capacity of about 10 million tonnes in the forthcoming decades, positioning Egypt as a central player in the hydrogen economy [1][2].
The Suez Canal’s Pivotal Role
Egypt’s geographic advantage comes into play with the Suez Canal, which is poised to become a vital corridor for global hydrogen supply chains. The Suez Canal Economic Zone (SCZONE) already boasts infrastructure conducive to renewable energy projects, green industries, and green bunkering services. This development aligns with Egypt’s ambition to be a primary gateway for hydrogen exports to European markets, while Oman emerges as a key hub for Asian markets [2][3].
Incentives and International Partnerships
To make the green hydrogen dream a reality, Egypt is rolling out attractive incentives to entice global investors. This includes collaborations with international companies to establish production facilities, particularly in the Suez Canal Economic Zone. Companies like Destiny Energy have already committed substantial investments, such as a $210 million venture to build green hydrogen and green ammonia facilities in the region [3].
Renewable Energy and Economic Impact
Egypt is also focused on increasing renewable energy’s share in its electricity mix to 42% by 2030. This shift will free up natural gas for more lucrative industrial applications, complementing its green hydrogen initiatives. The country’s strategic plan is not just about energy transition but also about boosting its economy and creating jobs, with significant infrastructure projects in the pipeline [1][4].
Global Leadership and Future Prospects
Egypt’s efforts to establish itself as a frontrunner in the green hydrogen market are part of a broader strategy to lead in sustainable energy. By leveraging its strategic location and robust infrastructure, Egypt is set to attract billions in investments and enhance its technological capabilities in hydrogen production. The focus on sustainability and international cooperation underscores its commitment to a cleaner, greener future [2][4].