News

Egypt To Generate 42% Of Total Energy From Renewables By 2030

Giving More to Your Wealth
07 Nov 2021

During the recent COP 26 environment summit in Glasgow, the Minister of Petroleum & Mineral Resources revealed that Egypt aims to generate 42% of its total energy needs from renewable sources by 2030. This will be achieved through expanding renewable energy generation from solar and wind sources, increasing the use of natural gas as a transitional energy source, and implementing a national hydrogen strategy that begins with blue hydrogen production and ultimately reaches green hydrogen production. As evidence of this transition, since the year 2000 the consumption of natural gas has increased 3 times to reach 65% of total hydrocarbon consumption versus 40% in 2000. Numerous other statistics point to an increase in the sourcing of energy from renewable sources in Egypt.

(Source: Ministry of Petroleum, Renewables Now (English), al-Masry al-Youm, al-Shurouk, al-Dustour, al-Arabiya, EuroNews, Sputnik)

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