The East Med Gas Forum EMGF will become an international body
The fledgeling East Med Gas Forum (EMGF) will evolve into a recognised international body after Cyprus along with the rest of its members sign the founding charter on 22 September. Following the ratification of the charter by the Cyprus government on Tuesday, Energy Minister Natasa Pilides will be digitally signing the charter at an online […]
DNV GL: Decarbonization of world’s energy system still 15 years away
Deep decarbonization of the world’s energy system still 15 years away, DNV GL’s Energy Transition Outlook forecasts. Decarbonization is rising rapidly up the agenda of industry and governments, but not at the pace or depth required to meet the Paris Agreement, according to DNV GL’s forecast The oil and gas industry is set to reduce its carbon emissions by a […]
How Egypt banks on renewables to meet expected surge of energy demand: Op-Ed by Toufik Khitous, Wärtsilä Energy Business
Op-ed, By Toufik Khitous, Business Development Manager for North Africa, Wärtsilä Energy Business. To meet its soaring demand for energy, Egypt is turning to renewable sources. Its targets, if accomplished, will see it become a pioneer in the African energy landscape. But are the plans realistic? Egypt’s population has now passed 100 million. As one […]
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 […]
ACWA Power contributes EGP 5.5m to support Egypt in combating COVID-19
ACWA Power contributes EGP 5.5 million to support Tahya Misr Fund’s efforts in combating COVID-19. The contribution will be directed towards ventilators and RT-PCR detection kits. ACWA Power – a leading energy and water desalination provider – has donated EGP 5.5 million to Tahya Misr Fund with an aim to support the Egyptian government’s efforts […]
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’s Prime Minister, US Energy Secretary discuss cooperation
Egypt’s PM, US secretary of energy mull cooperation in energy, electricity: Madbouly and Perry discuss cooperation in energy, electricity and clean coal. Prime Minister Mostafa Madbouly discussed on Tuesday with US Secretary of Energy Rick Perry ways of boosting cooperation in the fields of energy, electricity, and clean coal technology. Madbouly arrived in Washington earlier […]
US support for Egypt’s position as East Med regional gas export hub
US Deputy Energy Secretary Dan Brouillette was in town last Thursday to launch the US-Egypt Strategic Energy Dialogue with Oil Minister Tarek El Molla and the head of the Electricity Holding Company Gaber El Dessouky. Brouillette unveiled details of the initiative, and discussed regional energy issues and Egypt’s role in the East Mediterranean with a […]
Egypt and United States of America Launch Strategic Energy Dialogue
Egyptian Minister of Petroleum and Mineral Resources Tarek El-Molla, Egyptian Minister of Electricity and Renewable Energy Mohamed Shaker and U.S. Deputy Secretary of Energy Dan Brouillette launched the U.S.-Egypt Strategic Energy Dialogue, which will facilitate closer government and private sector cooperation on energy between the United States and Egypt. The Strategic Energy Dialogue between the […]
