Friday, November 11, 2022

COP27 Prepares Egypt To Be A Hub for Clean Energy


The world has come to Egypt, the mother of the world, to discuss urgent strategies to save our Planet Earth from the horrific impacts of climate change on human health and the worldwide economies. The initial outcomes of the conference show that Egypt is up to the mission thanks to its natural resources and unique geo-strategic locations at the center of the world. 

In Sharm El-Sheikh, at the 27th edition of the United Nations Climate Change Conference of the Parties (COP27), about forty-thousand state leaders, decision-makers, experts, activists, and media personnel from 110 countries are currently collaborating on figuring out a realistic action plan to control the consequences of climate change on the sustainability of livelihood, which is rapidly shrinking, resulting in water scarcity, forest fires, and ravaged agricultural fields. The COP27 summit has so far succeeded in pressing world leaders to take tangible steps to limit the problem. 

The most notable of these initiatives is the Green Hydrogen Plant, which the Egyptian President, Abdel Fattah El-Sisi, launched its beta operations on the third day of the conference. The plant, which is based in Al-Sukhna industrial city, quite close to the economic zone of the Suez Canal, is the first of its kind in Africa and the Middle East. The plant's first phase shall be working with a capacity of 100 megawatts to produce 15 thousand tons of green hydrogen that will be used as a feedstock for the production of up to 90 thousand tons of green ammonia per year. 

In addition, the Egyptian government has already signed three agreements and memoranda of understanding to establish three major projects with regional and international partners to produce energy from wind farms. The three projects are expected to produce a rough total of 20 gigawatts per year.

The green hydrogen plant and wind farms, in addition to the existing Benban Solar Park, are expected to turn Egypt into a crucial hub for green energy that is expected to serve countries in Africa, the Middle East, and Europe. That adds to Egypt’s already rising profile in the eastern Mediterranean as a geo-strategic hub for natural gas liquefaction and exportation.  

In January, President El-Sisi launched Benban Solar Park in the southern city of Aswan to satisfy the needs of Upper Egypt cities and African neighbors for electricity. Benban Solar Park is the largest compound of solar plants in the entire world. Upon the completion of the project in 2035, it will produce about 1.8 gigawatts of electricity per year from 41 solar plants. That means about 20% of Egypt’s electricity production will come from clean resources. 

Egypt is one of the biggest winners of the COP27 conference. That is mainly because the conference has allowed Egypt to show its unique capabilities to host and operate clean energy projects on its land. However, as these projects are expected to enhance Egypt’s economy in the long run, they also need huge funding to be fully established. In that sense, Egypt’s partnership with sister Arab Gulf countries is crucial to guarantee its success in becoming a world hub for green energy.