{"id":577886,"date":"2022-12-08T03:46:34","date_gmt":"2022-12-08T03:46:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/"},"modified":"2022-12-08T03:46:34","modified_gmt":"2022-12-08T03:46:34","slug":"green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/","title":{"rendered":"Green hydrogen and NWFE are key for the private sector coming out of COP27"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Demystifying two of the biggest opportunities to have come out of COP27 \u2014<\/strong><strong> green hydrogen and NWFE:<\/strong> Our inaugural Enterprise Climate X Forum kicked off earlier this week with a panel on green hydrogen and the government\u2019s flagship Nexus on Water, Food and Energy (NWFE) program. The panel was a deep dive into how some of the biggest agreements out of COP27 could take shape over the coming years that brought together some of the biggest players in the global and local hydrogen industries, as well as one of the champions of NWFE, to discuss what needs to be done for hydrogen and renewable energy to take off over the coming decade, and the potential impact of the NWFE program on Egypt\u2019s green transition and sustainability drive.<\/p>\n<p><strong>Joining us for the panel:<\/strong><\/p>\n<ul>\n<li><strong>Jorgo Chatzimarkakis<\/strong>, CEO, Hydrogen Europe<\/li>\n<li><strong>Khalid Hamza<\/strong>, director and head of Egypt, European Bank for Reconstruction and Development (EBRD)<\/li>\n<li><strong>Khaled Nageib<\/strong>, CEO, Hydrogen Egypt<\/li>\n<\/ul>\n<p><strong>Refresher: <\/strong>Egypt signed <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0f2251cd-82db-4ba9-9ef9-b1287b0bef1f\">framework agreements<\/a> for c.USD 85 bn worth of green hydrogen projects during COP27, which will need some 40 GW of green energy to power them. We also <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/78d954b3-0d56-460d-af13-2358656a7958\">locked in<\/a> some USD 10.3 bn in funding for NWFE, which seeks to implement some USD 15 bn worth of projects to turbocharge the country\u2019s green transition, including an energy project worth USD 10 bn and eight food security, agriculture, and irrigation and water projects.<\/p>\n<p><strong>Wait, what\u2019s NWFE+? <\/strong>Where NWFE focuses on water, food and energy, NWFE+ adds transportation to the mix.<\/p>\n<p><strong>Those were two of our biggest achievements during COP27 <\/strong>\u2014 besides, of course, getting countries to agree to the landmark <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/am\/d460233f-0537-4064-be8c-f0dbadbbed3d\">loss and damage fund<\/a> (in our eyes, that last one makes Amb. Mohamed Nasr, our chief climate negotiator, a hero to emerging markets). It\u2019s those agreements that allowed us to follow through with our commitment to move from \u201cpledges\u201d to \u201cimplementation,\u201d helped the summit earn the title <strong>\u201c<\/strong>the hydrogen COP\u201d from Hydrogen Europe\u2019s Chatzimarkakis. Similarly, NWFE get plenty of honorable mentions among climate experts as a \u201cpioneering model\u201d for attracting investments to climate projects in emerging markets. But how can we ensure we can take these forward \u2014 and that the MoUs will translate into operational hydrogen plants?<\/p>\n<p><strong>Among the key takeaways from our discussion:<\/strong><\/p>\n<p><strong>IT\u2019S A GLOBAL LAND GRAB-<\/strong><\/p>\n<p><strong>Major international players think Egypt will emerge as one of the key hubs of the global hydrogen economy<\/strong>, potentially just ahead of other big players including Saudi Arabia, Namibia and Chile.<\/p>\n<p><strong>Uh, what\u2019s hydrogen, anyway? <\/strong>Boosters like Chatzimarkakis and Nageib think it\u2019s the fuel of the future, and Europe is starting a wholesale adoption that will see it need to buy mns of tons per year to fuel industry and power generation.<\/p>\n<p><strong>Okay, but what can you do with it? <\/strong>In time, just about anything you can do with a fossil fuel. Hydrogen and derived \u201ccarrier molecules\u201d such as ammonia and methanol can be used to power ships and cars, fire steel and other energy-intensive plants, <a href=\"https:\/\/enterprise.news\/climate\/en\/news\/story\/45668a7e-c0b9-42c8-acae-2e3ab49c96fc\">maybe even power an airplane<\/a>.<\/p>\n<p><strong>Yeah, but what can you do with it today? <\/strong>The technology is still maturing, but already the Swedish steel industry is switching entirely to hydrogen \u2014 and Chaztimarkakis drives to work each day in a zero-carbon-emissions hydrogen-powered car. He fills up at a growing network of hydrogen fueling stations. (The jury is still very much out on whether EVs or H2-powered cars will be the future).<\/p>\n<p><strong>So it replaces electricity? <\/strong>Nope. When it\u2019s feasible, direct electrification wins just about 100% of the time. But the simple fact is that electricity accounts for just 20% of our global energy use. And with batteries being large, difficult to make, difficult to dispose of, and having limited lifespans, there\u2019s an argument to be made that hydrogen is a critical part of our energy mix going forward.<\/p>\n<p><strong>How do we export it? <\/strong>Chatzimarkakis imagines we\u2019ll be selling ammonia and methanol to Europe and sending it there by ship in the first phases, but ultimately wants to see a pipeline linking Egypt to Greece and Trieste. That pipeline could handle pure hydrogen or an oil-like carrier called LOHC, he says.<\/p>\n<p><strong>So, why Egypt? <\/strong>We get into that below, but essentially we\u2019re one of the most affordable places in the world to make it \u2014 and we\u2019re incredibly close to hydrogen-hungry Europe.<\/p>\n<p><strong>ON NWFE- <\/strong><\/p>\n<p><strong>We\u2019re building, using and exporting a massive amount of renewables over the next decade: <\/strong>The outcome of Egypt\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eadfc091-174c-41db-bf19-a1e4cf62e7b7\">hydrogen strategy<\/a>, on which EBRD is working with the Madbouly government as the lead on energy pillar of NWFE, suggests that Egypt will need some 40 GW of renewable energy in place to power our hydrogen ambitions, Hamza said. For that, we also need to develop and expand the national grid to absorb this energy, which requires some USD 2-3 bn in additional investment, Hamza said. To put that in context, our total installed renewables capacity was at 3.4 GW at the end of last year \u2014 1.6 GW of which came from the Benban solar power park. \u201cThat means we need about 30x more Benbans,\u201d Hamza said.<\/p>\n<p><strong>How close are we to seeing NWFE turn into reality? <\/strong>The program should be implemented over five or six years, Hamza said. \u201cEgypt was able to raise USD 10.3 bn in just three months,\u201d he said, adding that this is just an indication of what the program can achieve. \u201cAs we work on implementation, building a steering committee for donors, and identifying projects with the government, and hopefully sign them at the beginning of next year, I think it is happening,\u201d he said.<\/p>\n<p><strong>ON HYDROGEN- <\/strong><\/p>\n<p><strong>Is this the decade of hydrogen?<\/strong> \u201cThe 2000s were the decade of wind, the 2010s the decade of solar, and the 2020s will be the decade of hydrogen,\u201d Chatzimarkasis said during the panel, stressing that, despite being an embryonic technology, the clean energy has massive potential for the climate industry.<\/p>\n<p><strong>Egypt is primed to become a global hydrogen hub:<\/strong> \u201cWe will see Egypt being the hub for hydrogen,\u201d Chatzimarkakis said. \u201cThe country at the crossroads, with the biggest opportunities, is Egypt; it\u2019s a prime partner for the EU next to Namibia, but Namibia is far away.\u201d Egypt\u2019s proximity to the EU and the GCC, as well as our low costs of producing renewable energy (which accounts for 60% of the cost of producing hydrogen), gives it this competitive advantage, he explains.<\/p>\n<p><strong>There is a huge market for hydrogen: <\/strong>Europe wants to import <a href=\"https:\/\/energy.ec.europa.eu\/topics\/energy-systems-integration\/hydrogen_en#:~:text=Hydrogen%20accelerator,-With%20the%20publication&text=The%20REPowerEU%20plan's%2520ambition%2520is,Directive%252C%2520published%2520in%2520July%25202021.\">10 mn tons of hydrogen<\/a> annually by 2030 \u2014 and that\u2019s just one potential export market for Egypt, Chatzimarkakis said. \u201cThen there are the low hanging fruits: the chemical industries that are already using hydrogen,\u201d he added.<\/p>\n<p><strong>But we need to expand infrastructure \u2014 and fast: <\/strong>Projects like the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/891598e1-8197-40e4-91d6-93e212f9c000\">Egypt-Greece pipeline<\/a> can allow Egypt to become a first mover in the industry and attract investments, he said. \u201cThis is the project we need to pursue and rush,\u201d he added. The pipeline is currently expected to come online <a href=\"https:\/\/enterprise.press\/stories\/2019\/05\/05\/turkey-announces-natgas-drilling-off-cyprus-egypt-eu-caution-drillers\/\">in 2024 or 2025<\/a>.<\/p>\n<p><strong>We also need to provide the appropriate policy environment: <\/strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/59629508-f337-48ec-b80c-092a43eecb30\">Fuel subsidies<\/a> must be scrapped if we want hydrogen to be competitive, said the EBRD\u2019s Hamza, who heads up the energy component of NWFE. \u201cYou need to have subsidies for hydrogen just like solar and wind\u201d to initially make it cost-attractive for the industry, he said. \u201cYou can't compete with an established industry that is also subsidized, so you need to take away that subsidy over time,\u201d he added, saying that he expects the phase-out to happen eventually.<\/p>\n<p><strong>There are several ways to produce green hydrogen \u2014 and that unlocks even more potential for a \u201chydrogen economy,\u201d<\/strong> Chatzimarkasis said. One way is through electrolysis \u2014 where hydrogen and oxygen are separated from water via an electric current \u2014 and another is pyrolysis, which produces what is more accurately termed \u201cturquoise hydrogen\u201d \u2014 because it sits comfortably between green and blue hydrogen. Pyrolysis uses biomethane as feedstock to produce hydrogen and carbon as outputs, but carbon comes out in solid form, which means it can be used in applications like soil improvement and manufacturing.<\/p>\n<p><strong>A hydrogen economy also means chances for industry: <\/strong>\u201cThere\u2019s a lot of industrialization that can happen around this sector, because you have scale,\u201d Hamza said. \u201cWhen you\u2019re talking about 30-40 GW of needed renewables over the next ten years, that's a huge amount of investments required, and it's going to clog your ports, use your transport system; all of that needs to be expanded to cater to that,\u201d he explained. Localizing an industry for components for wind and solar plants could be a game-changer, he added.<\/p>\n<p style='font-size: 18px;font-weight: bold' >HYDROGEN EGYPT + HYDROGEN EUROPE LINK UP TO DEVELOP A LOCAL GREEN HYDROGEN SECTOR<\/p>\n<p><strong>Hydrogen Egypt and Hydrogen Europe <\/strong><strong><a href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7006200865334136832\/\">signed an agreement<\/a><\/strong><strong> during Climate X to work together on piloting small-scale hydrogen projects across Egypt. <\/strong>The companies will be working on pitching projects to the oil and transport Ministries on everything from transitioning tuktuks to hydro-powered alternatives, to greening the steel industry, Nageib said during the forum.<\/p>\n<p><strong>\u201cEvery authority in Egypt has a hydrogen unit and they\u2019re thinking of plans to develop hydrogen,\u201d<\/strong> Nageib said. The companies\u2019 agreement will see them help bring B2B opportunities from the public and private sector in Egypt to European offtakers to support those plans, he added \u2014 in what Chatzimarkakis described as \u201cmatchmaking\u201d between European and Egyptian companies in the sector.<\/p>\n<p><strong>** The Enterprise Climate X Forum is proud to be supported by <\/strong>USAID, HSBC, Mashreq, Attijariwafa Bank, Etisalat by e&, Hassan Allam Utilities, and Infinity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Demystifying two of the biggest opportunities to have come out of COP27 \u2014 green hydrogen and NWFE: Our inaugural Enterprise Climate X Forum kicked off earlier this week with a panel on green hydrogen and the government\u2019s flagship Nexus on Water, Food and Energy (NWFE) program. The panel was a deep dive into how some [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":577887,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10527],"tags":[6436,72,254,6434,6435,125,6328],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-577886","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-enterprise-climate-x","tag-enterprise-climate-x","tag-enterpriseam","tag-green-hydrogen","tag-hydrogen-egypt","tag-hydrogen-europe","tag-investment-watch","tag-nwfe","wpautop","entry"],"acf":{"mongo_id":"a197d083-f6fc-4194-8b1b-80f36f980dc7","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/153.jpg","photo_position":"above","related_issue":[577881],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Green hydrogen and NWFE are key for the private sector coming out of COP27 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Green hydrogen and NWFE are key for the private sector coming out of COP27\" \/>\n<meta property=\"og:description\" content=\"Demystifying two of the biggest opportunities to have come out of COP27 \u2014 green hydrogen and NWFE: Our inaugural Enterprise Climate X Forum kicked off earlier this week with a panel on green hydrogen and the government\u2019s flagship Nexus on Water, Food and Energy (NWFE) program. The panel was a deep dive into how some [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-08T03:46:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Green hydrogen and NWFE are key for the private sector coming out of COP27\",\"datePublished\":\"2022-12-08T03:46:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/\"},\"wordCount\":1593,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1\",\"keywords\":[\"ENTERPRISE CLIMATE X\",\"EnterpriseAM\",\"green hydrogen\",\"Hydrogen Egypt\",\"Hydrogen Europe\",\"investment watch\",\"NWFE\"],\"articleSection\":[\"ENTERPRISE CLIMATE X\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/\",\"name\":\"Green hydrogen and NWFE are key for the private sector coming out of COP27 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-12-08T03:46:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Green hydrogen and NWFE are key for the private sector coming out of COP27\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Green hydrogen and NWFE are key for the private sector coming out of COP27 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/","og_locale":"en_US","og_type":"article","og_title":"Green hydrogen and NWFE are key for the private sector coming out of COP27","og_description":"Demystifying two of the biggest opportunities to have come out of COP27 \u2014 green hydrogen and NWFE: Our inaugural Enterprise Climate X Forum kicked off earlier this week with a panel on green hydrogen and the government\u2019s flagship Nexus on Water, Food and Energy (NWFE) program. The panel was a deep dive into how some [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-12-08T03:46:34+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Green hydrogen and NWFE are key for the private sector coming out of COP27","datePublished":"2022-12-08T03:46:34+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/"},"wordCount":1593,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1","keywords":["ENTERPRISE CLIMATE X","EnterpriseAM","green hydrogen","Hydrogen Egypt","Hydrogen Europe","investment watch","NWFE"],"articleSection":["ENTERPRISE CLIMATE X"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/","name":"Green hydrogen and NWFE are key for the private sector coming out of COP27 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1","datePublished":"2022-12-08T03:46:34+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/green-hydrogen-and-nwfe-are-key-for-the-private-sector-coming-out-of-cop27\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Green hydrogen and NWFE are key for the private sector coming out of COP27"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/153.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":577303,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/17\/a-lot-of-renewables-a-lot-of-investment-to-drum-up\/","url_meta":{"origin":577886,"position":0},"title":"A lot of renewables = a lot of investment to drum up","author":"enterpriseam admin","date":"17 November 2022","format":false,"excerpt":"Initial agreements for green hydrogen and wind power projects worth up to USD 119 bn have been signed during COP27, according to figures published in a cabinet statement yesterday. The 28 GW worth of wind power Egypt has lined up will cost some USD 34 bn to put in place,\u2026","rel":"","context":"In &quot;Energy&quot;","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/272.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576948,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/03\/govt-wants-usd-15-bn-for-nine-food-water-and-energy-projects-under-nwfe\/","url_meta":{"origin":577886,"position":1},"title":"Gov\u2019t wants USD 15 bn for nine food, water and energy projects under NWFE","author":"enterpriseam admin","date":"3 November 2022","format":false,"excerpt":"The International Cooperation Ministry will seek blended finance for nine projects worth USD 15 bn in its Nexus on Water, Food and Energy (NWFE) program, the ministry said in a statement yesterday. The projects include a \u201cmassive energy project,\u201d five projects in the field of agriculture and food security, and\u2026","rel":"","context":"In &quot;Development finance&quot;","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577285,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/16\/green-hydrogen-agreements-and-a-new-virus-outbreak-lead-the-talk-shows\/","url_meta":{"origin":577886,"position":2},"title":"Green hydrogen agreements and a new virus outbreak lead the talk shows","author":"enterpriseam admin","date":"16 November 2022","format":false,"excerpt":"Green hydrogen dominated the airwaves last night after the government signed framework agreements for nine hydrogen and ammonia facilities that could be worth up to USD 83 bn (more on this in this morning\u2019s news well, above).Kelma Akhira\u2019s Lamis El Hadidi focused on the signed agreements with global firms, with\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":603549,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/15\/this-evening-a-torrential-downpour-of-earnings\/","url_meta":{"origin":577886,"position":3},"title":"THIS EVENING: A torrential downpour of earnings","author":"enterpriseam admin","date":"15 August 2023","format":false,"excerpt":"Good afternoon, ladies and gentlemen. We\u2019re getting over the midweek hump as earnings season here in Omm El Donia is going strong. THE BIG STORY TODAY There\u2019s a downpour of earnings today as the 2Q season draws to a close. Among the companies out with earnings: Edita, Rameda Pharma, E-Finance,\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/moneymoneymoney-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577122,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/we-just-lined-up-usd-15-bn-in-financing-for-nwfe-projects\/","url_meta":{"origin":577886,"position":4},"title":"We just lined up USD 15 bn in financing for NWFE projects","author":"enterpriseam admin","date":"10 November 2022","format":false,"excerpt":"Egypt is getting USD 15 bn for energy, food + water projects under NWFE: Egypt has signed a number of partnerships with international finance institutions and development partners to implement projects worth USD 15 bn under its Nexus on Water, Food and Energy (NWFE) program, the COP27 Presidency said in\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/163.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598465,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/13\/this-evening-another-potential-sports-club-ipo\/","url_meta":{"origin":577886,"position":5},"title":"THIS EVENING: Another potential sports club IPO?","author":"enterpriseam admin","date":"13 August 2023","format":false,"excerpt":"Good afternoon, friends. We\u2019re off to a slow-ish start to this new workweek, although we\u2019re not rushing to chalk it up to a (very) belated summer slowdown. THE BIG STORY TODAY The Club + Cairo Stadium heading to the EGX? Youth and Sports Minister Ashraf Sobhy and EGX boss Ramy\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/market-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/577886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=577886"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/577886\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/577881"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/577887"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=577886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=577886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=577886"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=577886"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=577886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}