Green Leap – North Africa’s role in Europe’s energy transition
North Africa is becoming key to Europe’s energy transition, offering opportunities in renewables and green hydrogen amid the shift from Russian fossil fuels.
North Africa is poised to play a crucial role in Europe's energy transition, driven by the need for diversification and reduced reliance on Russian fossil fuels. This shift towards renewables and green energy presents significant trade and investment opportunities for the region.
Europe's energy strategy aims to secure supplies while achieving decarbonisation and enhancing industrial competitiveness. The European Green Deal targets a 55% reduction in emissions by 2030 and climate neutrality by 2050. In this context, North Africa, particularly Algeria, Libya, and Egypt, has gained strategic importance due to existing pipeline infrastructure and its potential for green hydrogen production.
The Africa-Atlantic Gas Pipeline Project is a monumental initiative aimed at connecting West African gas resources to Morocco and Europe, although its realisation faces challenges. Meanwhile, countries like Morocco and Tunisia are advancing their renewable energy capacities, with Morocco focusing on exporting green hydrogen and Tunisia developing direct connections to Italy.
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