Voltalia: Renewables could be the next big winner in Post-Covid Egypt
OPINION: In recent months there have been important developments that mark a sea-change in the potential for renewables in Egypt. If the Government can address the final remaining challenges, Egypt could be on the path to become a regional renewable leader by 2035. * by Karim El Azzawy, Country Manager, Voltalia Egypt and Craig Windram, […]
Without flexibility, Africa’s energy revolution will not take place: Op-Ed by Ville Rimali, Wärtsilä Energy Business
Without flexibility, the energy revolution in Africa will not take place: Op-Ed by Ville Rimali, Director, Growth & Development Africa & Europe, Wärtsilä Energy Business It is no longer disputable that the energy transition integrating renewable energies into the grid is a reality that is unfolding globally. This can be observed at different rates and […]
New Net Metering Rules in Egypt – by Riad & Riad Law Firm
On 28 April 2020, the Egyptian Electricity Utility and Consumer Protection regulatory Agency (“EgyptERA”), as the regulator of the electricity market, issued new rules for net metering. Net Metering is a system allowing customers to establish solar plants within their premises to meet all or part of their needs from electricity and feed any surplus […]
Wärtsilä publishes an Interactive Atlas of 100% Renewable Energy
Wärtsilä publishes open access interactive map indicating potential of cost-optimal 100% renewable electricity systems. Wärtsilä’s interactive map Atlas of 100% Renewable Energy provides valuable information on the potential of renewable energy in relation to geographical regions and their solar and wind conditions. Technology group Wärtsilä published on its website an extensive interactive map Atlas of […]
BMI: Why Egypt looks set to be regional leader in electricity for next nine years
Fitch Solutions’ BMI Research Egypt Power report on Egypt’s electricity sector is on track to generate an exportable surplus. The report sees Egypt increasing power generation to 265 terawatt hours (TWh) by 2023 from 231.5 TWh this year. This will allow it to generate a surplus even as domestic demand rises to 234.9 TWh by […]
Schneider Electric signs agreement with Egypt to build power control centers
Schneider Electric has signed an agreement with the Electricity Ministry to build power control centers for Egypt’s electricity grid, an Ittihadiya statement said. President Abdel-Fattah El-Sisi met with SE’s Executive Vice President for International Operations Luc Remont on Sunday to discuss the agreement. The statement did not specify how many control centers would be built […]
Lekela starts construction of 250 MW West Bakr wind farm in Ras Ghareb, Egypt
Work has now started on the West Bakr wind project site in Ras Ghareb, Egypt. The 250 MW project is being developed by Lekela, an Independent Power Producer (IPP). Construction of the West Bakr wind project is currently underway. Work has recently been launched at a ceremony attended by several Egyptian officials, including the Minister […]
Egypt achieved unprecedented growth in oil & gas, power sectors – Mitsubishi
The general manager of Mitsubishi Heavy Industries said Wednesday that Egypt has achieved unprecedented growth in the energy sector, whether in the oil sector and the oil and gas explorations or the electricity. Such successes have driven Egypt to a surplus in electricity production, after constructing several power plants, he said in a press conference […]
Egypt expected to cut gas prices to factories in 1Q2020, analysts say
Analysts think the government will cut natgas prices to factories in 1Q2020: Plunging natural gas prices and market oversupply are increasing the likelihood that the Egyptian government will cut gas prices to factories during the first quarter, analysts tell Reuters. The government has already recently lowered prices for certain industries and sources last month claimed […]
Actis, Engie, Datang are all in running for stake in Egypt’s Siemens plants
More details on potential investors in Egypt’s Siemens combined-cycle power plants: Actis, France’s Engie, and China Datang Overseas Investment are all competing alongside Blackstone’s Zarou to acquire a stake in the Siemens / Orascom Construction / Elsewedy Electric combined-cycle power plants, according to Bloomberg. Sources in the Electricity Ministry had said earlier this week that […]
