Egyptian Ambassador to Czech Republic Mahmoud Afifi met this week with the country’s Special Envoy for Energy Security Vaclav Bartuska to discuss cooperation in new and renewable energy projects, including those in the green hydrogen sector.
Dwelling on this, the ambassador gave an overview of the energy infrastructure introduced in Egypt over the past few years. He underlined that Egypt aimed to attract foreign investments in the green hydrogen sector at the Suez Canal Economic Zone (SCzone), as they would benefit from Egypt’s geographical location in exporting to Europe.
It may be noted that in the month of August, Ambassador Afifi met Deputy Czech Minister of Foreign Affairs European Affairs Jan Marian to discuss the potential role of Czechia in developing Egyptian-European relations in the sectors of trade, investment, energy, and developmental cooperation. He highlighted the existence of the EU-Egyptian Association Agreement and the opportunities to capitalize on it.
The Czech deputy foreign minister valued Egyptian ties with his country and expressed support for current communications between the country and the union to upgrade relations, particularly in the economic and developmental fields and in the framework of handling food security and energy security.
It should be noted that the Czech Republic has set renewable energy targets in line with the European Union’s goals. These targets include increasing the share of renewable energy in the total energy mix.
The country has invested in various renewable energy technologies, including wind, solar, and biomass. Wind energy, in particular, has seen growth in recent years. Further, the Czech Republic has been working on creating a supportive policy framework for renewable energy projects. This includes incentives, subsidies, and regulatory measures to encourage developing and deploying renewable energy sources.
Moreover, Egypt has ambitious goals for renewable energy development. The country aims to increase the share of renewable energy in its total energy mix, with a specific focus on wind and solar power.