“Gas Holding” is looking at investment opportunities in the field of green energy generated from offshore windmills

In light of the global trend towards the transition to clean energy to reduce carbon emissions and reduce the negative effects of climate change, the green economy in Egypt enjoys unprecedented support from the state as one of its most important priorities due to the important role it plays in sustainable development and the exploitation of this important source of the national economy, which Specializes in the sustainable management of water resources, and in view of Egypt’s many components and huge wealth of renewable energy sources, including onshore and offshore wind energy. Dr. Tarek Hammouda, Director of the Technical Office at Enppi, representatives from the Ministry of Petroleum and Mineral Resources and a representative from the “sea split” company, to discuss investment opportunities in the field of green energy generated from marine windmills.

Samir Al-Quraish confirmed that the Ministry of Petroleum and Mineral Resources is paying attention to Egypt’s energy strategy 2035, which is being updated until 2040, which aims to expand the use of new and renewable energy and increase its contribution to the electrical energy mix with the aim of sustaining the mix, in addition to improving the efficiency of energy use in order to rationalize gas consumption. Natural and providing additional quantities of gas for export to meet the growing global demand rates and to attract and encourage investment in Egypt in the field of renewable energy to achieve sustainable economic, social and environmental development, which qualifies Egypt to be one of the global centers for the production of green energy.

For his part, the representative of the “sea split” company reviewed the cooperation frameworks in the field of benefiting from offshore wind energy in generating electricity by using offshore windmills in the Gulf of Suez region and using it in the oil and gas facilities located in this region, pointing out that the cost of establishing offshore wind farms has become equal. Almost due to the cost of establishing fields on land, as well as the high rates of electricity generated by offshore wind turbines, due to the absence of any buildings or obstacles that may affect wind speeds, and then the electrical energy generated from them.

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