South Sinai Hydrogen Facility

Objective

Develop the El-Tor Green Valley. To bring in foreign direct investment into an area that is set to develop hydropower facilities, large-scale grid storage, green baseload paper, and blackout recovery to reduce Egypt's dependence on LNG imports.

Description

The General Authority for Investment and Freezones is pitching a USD 17 bn investment to build what it says will be the world’s largest green hydrogen plant in South Sinai, Al Arabiya reports citing a government document. The facility, to be developed in partnership with the Military Production Ministry, would produce up to 400k tons of green hydrogen annually. The first phase is set for completion in 2030, with additional phases rolling out in 2033 and 2035.

History

Different partners are in charge of different parts of the project e.g. Renergy Egypt focuses on the pumped storage hydropower aspect. This aims to produce 27 TWh of electricity per year or 10% of Egypt's total projected electricity demand by 2030. Projectlife span estimated at 50 years. Authorities aim to include a green data centre in the future estimated at $1 billion. First phase set to be completed by 2030, followed by two phases until 2035. Reenergy group is a constortium comprising of Green Tech Egypt, Oak Group and the Ministry of Military Production.