At the BRICS Energy Ministers Conference, Minister of Electricity and Renewable Energy Mahmoud Esmat outlined Egypt’s ambitious objectives, aiming for renewable energy to constitute over 42% of the country’s energy mix and to capture 5-8% of the global green hydrogen market by 2040.
In his opening remarks at the conference in Moscow, Esmat emphasized Egypt’s commitment to transitioning to sustainable energy sources, leveraging the country’s abundant solar and wind resources.
He explained that Egypt’s strategy focuses on effectively managing its natural resources to maximize benefits while reducing carbon emissions and promoting green energy.
As reported by Egypt Today, Esmat highlighted the importance of collaborative efforts in addressing challenges and seizing opportunities within the global energy landscape.
He underscored Egypt’s ongoing dedication to balancing economic growth with sustainable energy development.
