The Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, stated that the Egyptian Government is considering to increase the waste-to-energy purchasing tariff from the specified EGP 0.92 in order to attract more investors, reported Al Borsa. Shaker said that the electricity production tariff from solar plants with capacity less than 500MW is estimated at EGP 1.08, adding that the waste-to-energy tariff should not be less than that.
The ministry is currently studying several offers from electricity companies to establish waste-to-energy power plants with capacity that reaches up to 10MW. Shaker added that Egypt plans to produce electricity from several sources that vary between renewable plants, coal fired plants, nuclear plants as well as water pumping and storage projects.
In related news, Egypt Oil&Gas reported earlier that Egypt was planning to launch a Feed-in-Tariff (FiT) program for waste-to-energy projects within December as the cabinet’s economic committee had completed its review of the program’s terms and conditions.