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bp to explore potential for green hydrogen production in Egypt

Green Car Congress

bp signed a memorandum of understanding (MoU) with the Government of Egypt under which bp will explore the potential for establishing a new green hydrogen production facility in the country. It is intended that high-potential locations across Egypt will be considered as part of the feasibility study, targeting best-in-class resources.

Egypt 330
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Maersk, Egyptian authorities sign partnership agreement to explore large-scale green fuel production in Egypt

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In the presence of the Egyptian Prime Minister, a Memorandum of Understanding (MoU) was signed on Monday in a joint bid to further accelerate the supply of green fuels and the global transformation to net-zero shipping. —Ayman Soliman, CEO of The Sovereign Fund of Egypt.

Egypt 284
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India-based ReNew Power, Egypt to invest $8B in green fuels production in Suez Canal zone

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SCZONE has signed 8 MOUs so far in the field of localizing and manufacturing green fuels with several global key players and consortiums such as Maersk, Scatec, EDF Renewables, H2, and others. million tons of green ammonia, said Zaki.

Egypt 259
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BNEF: cost of new renewables rises as inflation starts to bite

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Cost rises are linked to increases in the cost of materials, freight, fuel and labor. The cheapest renewable power projects in the first half of 2022 were able to achieve an LCOE of $19/MWh, as in best-in-class onshore wind farms in Brazil, and $21/MWh for tracking PV farms in Chile, and $57/MWh for offshore wind in Denmark.

Cost Of 210
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T&E: Europe burns 19 million bottles of sunflower and rapeseed oil every day in cars

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T&E has called on governments to prioritize food over fuel and end the use of crop biofuels now. In a time of scarcity we must prioritize food over fuel. T&E previously reported that Europe burns 10,000 tonnes of wheat in its cars every day, piling pressure on countries such as Egypt which are heavily reliant on imports.

Oil 334
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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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Ireland-based electrolyzer company Fusion Fuel Green PLC will collaborate with Consolidated Contractors Group S.A.L. CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint.

Fusion 170
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. Renewables in total will account for about 15% of energy demand in 2040.

Energy 252